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About Us

Foresters Board


Paul Osborn - Chief Executive 

Paul OsbornPaul joined the Society in 2006 and was appointed to the Board as Finance Director in February 2007 and as Chief Executive in November 2012.

He is a Chartered Accountant with over 13 years' experience in the friendly societies industry and over 10 years working for a London based firm of chartered accountants.

Prior to joining Foresters, Paul worked for Teachers Provident Society holding senior positions in finance and investment.

Paul is a member of the Investment and the Risk and Capital Committees.


Mike Wilkinson - Chairman

Mike Wilkinson

Mike was appointed to the Board in September 2012 and subsequently elected Chairman.  He is Chairman of the Investment and Nominations Committees and a member of the Risk and Capital Committee and the With-Profits Advisory Arrangement. He was previously Chief Actuary of Genworth Financial Lifestyle Protection in Europe before retiring in March 2012 and has over 35 years of insurance experience in a variety of risk/actuarial, compliance, finance and senior executive roles.

He has a B.Sc. (Class 1) in Mathematics, a Ph.D. in Mathematical Foundations of Quantum Theory and is a Fellow of the Institute and Faculty of Actuaries.

Kathryn Vagneur - Deputy Chairman

Kathryn VagneurKathryn was appointed to the Board in March 2008, and elected to the position of Deputy Chairman in September 2012. She is also Chairman of the Risk and Capital Committee and a member of the Audit and Investment Committees. Kathryn is a Director of Durant Ltd, a private investment fund.

Previously, a Director with PricewaterhouseCoopers, she has a PhD from London Business School where she did research for the CBI and consulted on strategy implementation with FTSE100 companies. She is a Certified Public Accountant and has an MSc (Management), BSc (Maths) and researches and writes about corporate governance and business improvement.

Cheryl Eagleson - Senior Independent Director

Cheryl EaglesonCheryl was elected to the Board in September 2008 and appointed Senior Independent Director in October 2012.  

Cheryl is Chairman of the Remuneration Committee and a member of the Audit Committee.

She is retired and worked in the paper and textile industry for most of her career. She is an active Forester and has held offices within the Society's structure.

John Instance

John Instance

John was appointed to the Board in December 2012, and is Chairman of the Audit Committee and With-Profits Advisory Arrangement and a member of the Investment, Nominations and Risk and Capital Committees.  He is currently Acting Director, Actuarial Policy in the Codes and Standards Division at the Financial Reporting Council. 

His experience includes business management, product development, actuarial reporting, as well as setting and overseeing Business Plans. 

John is a Fellow of the Institute and Faculty of Actuaries and has a BA in Mathematics from Oxford.

Penny O'Nions

Penny O'Nions

Penny was elected to the Board in 2007 and is a member of the Investment and Remuneration Committees and the With-Profits Advisory Arrangement. Penny has had wide experience of the financial sector including banking and financial management. 

She now runs a company offering investment and protection advice and services. Penny is also a regular contributor to the BBC and other television channels, the financial press and various money advice websites.


Graham Setterfield

Graham Setterfield

Graham was co-opted to the  Board on 31 July and is a member of the Audit and Remuneration Committees and the With Profits Advisory Arrangement.

Graham is semi-retired and involved with the Prince's Trust as an Enterprise & Next Steps Scheme Business Mentor.  Prior to this, Graham held the positions of Director and Chief Executive for American Express Insurance Services Europe Limited as well as various marketing and management positions within the insurance sector including Àegon. 

Graham has a HND in Business Studies from the University of West England.

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