Utmost Group announces new Board Appointments

08 October 2021

Utmost Group is pleased to announce the appointment of James Fraser as a new independent non-executive chairman with effect from 8 October 2021. James brings considerable Board experience and financial expertise to Utmost Group. 

The Group is also pleased to announce the appointment of Gavin Palmer as an independent non-executive director (INED) of the Group with effect from 28 July 2021. Gavin will serve as Chairman of the newly formed Group Audit, Risk and Compliance Committee. Gavin’s extensive insurance industry experience will be an asset to the Board as the Group delivers on its strategic agenda.

The new appointments will strengthen the Board, complementing the experience of the existing directors. The appointments reinforce the culture of strong governance and risk management as the Group embarks on the next phase of its development. 

James and Gavin’s appointments have been approved by the Financial Conduct Authority. 

Paul Thompson, Utmost Group CEO, commented: 

“We are pleased to welcome James and Gavin to the Board of Utmost Group, two experienced leaders who will both play an important role in the future success of the organisation, including shaping the strategic direction of the Group. James’ expertise in financial services and private equity, and Gavin’s knowledge of insurance and actuarial matters, make them ideal appointments. As the organisation continues to grow, I look forward to working with them and I am delighted that we can benefit from their considerable insights and experience.”

James Fraser, Utmost Group Chairman, commented:

“I am delighted to chair the Board of Utmost Group, an organisation with excellent prospects, and I look forward working closely with the founders, the investors, and the organisation broadly in order to progress its strategy.”

Gavin Palmer, Utmost Group INED, commented: 

“Utmost Group is an exciting, growing business with a first-class management team and committed shareholders. I am delighted to be able to play a part as the Group fulfils its growth aspirations.”

Please see the full press release here.