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Oct 29 2019, 08:20 GMT
FBD Holdings
CEO to step down in 2020
- Sectors : Insurance
- Companies : FBD Holdings
DAVY VIEW
The announcement that Fiona Muldoon is to step down as CEO in 2020 comes as a surprise to us. During her time as CEO, Muldoon has helped to steer the company towards a recovery in profitability and a rebuild of its solvency – with an emerging surplus now the discussion point. The announcement does not infer any deterioration in underlying trading performance in our view and FBD remains on track for strong profit growth and solvency build in 2019.
