RSA appoints new Chief Compliance Officer
RSA Insurance has announced that Peter Townsend has been appointed Chief Compliance Officer for its UK and International business.
Peter has worked at RSA for 10 years, joining as Legal Counsel in 2012. Since then, he has held roles as RSA’s Group Head of Financial Crime and Group Data Protection Officer. Prior to joining RSA, Peter was a solicitor at Berwin Leighton Paisner and Clifford Chance.
In the role, Peter will be responsible for implementing and monitoring regulatory developments and creating support frameworks and policies. Peter will do this by working with business areas affected by regulatory change, as well as providing advice and guidance to the RSA Board and Executive Team and working with our parent company Intact, in particular our Group Chief Compliance Officer, Robin Richardson.
Dave Howell, Chief Risk Officer at RSA, said: “Given Peter’s extensive experience, dedication and performance at RSA over the last 10 years, it is clear that he is the right candidate for the job. We’re delighted to have promoted him into this important role, where he’ll be responsible for managing RSA’s response to the regulations that govern us, and look forward to continuing to work with him.”
Peter Townsend, Chief Compliance Officer at RSA, said: “I’m really pleased to take on this new role, continuing my journey at RSA, and would like to thank all my colleagues for their support over the years. Insurance is a highly regulated sector and my background as a solicitor means that I’m well placed to monitor, manage and implement these rules. I’m very much looking forward to it.”
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With a 300-year heritage, RSA is one of the world’s leading multinational insurance groups.
Today, RSA employ around 23,000 people, serving 17 million customers in around 140 countries. While RSA's origins lie in London, RSA is a global company with businesses in both mature and emerging markets. RSA have major operations in the UK, Ireland, Scandinavia, Central and Eastern Europe, Canada, Asia, the Middle East and Latin America. youTalk-insurance sharing insurance news and video.