Foresters appoints new Chief Executive Officer

Wednesday, September 24, 2008

Mr Dann (46) joins Foresters Friendly Society following fourteen years with international investment and financial services group Alliance Trust Plc. Between 1996 and 2006 he was Managing Director of Alliance Trust Savings Ltd before being appointed Chief Operating Officer of City-based Alliance Trust Pensions Ltd in 2006.

Mr Dann's earlier career saw him assume a series of roles in sales and marketing with firms in the precious metals, chemicals and information technology sectors, before joining Edinburgh-based investment managers and stockbrokers Bell Lawrie.

Mr Dann will be based at the Southampton headquarters of the Foresters Friendly Society in the role of Chief Executive Officer with immediate effect.

Commenting on his appointment, Kevin Dann said: "Friendly societies have made an important and positive contribution to communities across the UK for generations. There is no room for complacency however and to survive in today's world Foresters Friendly Society must work relentlessly to attract new members and offer a range of financial products which are relevant to the needs of today's consumers."

"The opportunity to lead Foresters Friendly Society at this watershed moment in its history was an irresistible one. I look forward to working with the board and our members to continue to accelerate the growth of the society without compromising its culture, beliefs or traditions."

Glyn Carpenter, Chairman, Foresters Friendly Society, added: "Kevin's experience of overseeing change and growth in the retail financial services sector, combined with his appreciation and understanding of our unique culture and traditions made him the natural choice to assume the role of Chief Executive Officer."

"Safeguarding our future through managing our assets in a responsible manner, whilst providing a consistently outstanding service for our members and a working environment which enables staff to develop and flourish is our top priority. "I look forward to working with Kevin in reaching these goals as the Society looks forward to celebrating its 175th anniversary in 2009 and beyond."