Aspen chair and president Rupert Villers to step down

Aspen Insurance chairman and president Rupert Villers is stepping down from the company at the end of October 2015.

The former Aspen Insurance co-chief executive will remain as president of International Insurance until the end of July and will continue to serve as chairman of Aspen Insurance until his departure.

As a result, Ann Haugh will assume the role of president of International Insurance at the end of July in addition to her responsibilities as global chief operating officer of Aspen Insurance.

Outgoing chair Villers said: “I am very pleased with everything that my team and I have achieved during my tenure at Aspen Insurance.

“The business is well positioned in a new and exciting stage of its development and I wish Mario Vitale, our Insurance chief executive, every success as it moves forward under his leadership.”

Vitale added: “I would like to add my thanks to Rupert for his valuable advice and wise counsel as we worked closely together to grow our Insurance business over the last few years.”

“Ann has made a significant contribution since she joined Aspen Insurance almost 18 months ago and she is ideally qualified to lead our international business. Her breadth of experience and expertise will be invaluable as we take the business forward to the next stage of its development.”

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