Foresters Friendly Society strengthens management team with appointment of new Membership Director
Wednesday, August 03, 2016
Myles Edwards, previously Commercial Sales and Marketing Director at Age UK Enterprises, joins the Board with a focus on business development
Edwards has over 30 years’ experience in leadership roles across the insurance sector with a track record of delivering sustainable growth in ethical organisations. In his new role, Edwards will become a member of the Foresters Executive team and Board.
Edwards will lead Foresters’ strategic growth plan driven by organic sales and additional acquisitions. The friendly society acquired the Post Office Insurance Society (POIS) in September 2014 and is clear that further acquisitions play a major part in its strategy.
Drawing on his wealth of experience in his role spanning the last decade at Age UK Enterprises, Edwards will seek to further develop Foresters' product, branch and member strategic growth plan on the next stage of its historical journey.
Commenting, Paul Osborn Foresters Friendly Society’s Chief Executive said “The appointment of Myles to the Executive team signifies the Board’s focus on strategic development and growth. Myles’s past experience lends itself seamlessly to our strategic objectives and the growth path we are on”.
Foresters Friendly Society achieved record results in 2015, reporting a 32% increase in premium income to £19million and a consistent total of funds under management of £264million. Reinforcing its mutual status, Foresters paid out over £1million back to its members in the form of dental and optical grants, discretionary benefits and charitable donations.
Edwards added “During my career in financial services, I have worked with diverse stakeholder groups at boardroom level through to customer facing environments and charitable services. The challenge to further develop Foresters’ membership base and branch network is similar to that I have enjoyed leading in previous roles and I look forward to being a part of the next stage of development”.