CEO Succession Planning in Insurance: Industry Insiders Preferred
03/15/2012
The Financial Times recently wrote about CEO succession planning in the insurance industry, with the premise that future succession plans are less likely to involve industry outsiders. Siobhan Carragher, who leads the European Insurance Practice at Russell Reynolds Associates, expanded upon this outlook by providing the following commentary:
We have worked closely with a number of insurers on chief executive succession. Changing regulatory dynamics and capital requirements are influencing boards’ views on the potential risks associated with hiring an out-of-sector candidate.
Access the full article (subscription required) or learn more about CEO succession planning.
Russell Reynolds Associates
Leadership for a Changing World. In today’s global business environment, success is driven by the talent, vision and leadership capabilities of senior executives.
Russell Reynolds Associates is a leading global executive search and assessment firm with more than 300 consultants based in 40 offices worldwide. Our consultants work closely with public and private organizations to assess and recruit senior executives and board members to drive long-term growth and success.
Our in-depth knowledge of major industries and our clients’ specific business challenges, combined with our understanding of who and what make an effective leader, ensures that our clients secure the best leadership teams for the ongoing success of their businesses. www.russellreynolds.com
Latest
- Russell Reynolds Associates Hires Masahiro Kishida
- Russell Reynolds Associates Names Matthew Lewis As New Head Of Dubai Office
- Boardrooms Need Diversity, Yet Latinos Are Fighting for Seats
- New Rules for Fairness
- Push for diversity brings rush of business for executive headhunters
- Russell Reynolds Associates Hires Ryosuke Takai
- After 2020, How Do We Move Forward on Race?
- The nominating committee: architect of corporate governance
- ExecutiveBiz Announces Top Ten GovCon Executive Recruiters of 2020
- The impact of Covid-19 on insurance market leadership in Latin America