Knight has a broad cross-sector track record. She has held roles including economic secretary to the Treasury, chief executive of the British Bankers’ Association and chair of the Office of Tax Simplification.
Last September, the UK Treasury initiated its latest five-year review of UK terrorism reinsurance mutual Pool Re.
It will assess current risk-sharing arrangements between the government and the mutual, evaluate scheme rules to see if they need adapting and ensure Pool Re can meet new Office for National Statistics and government requirements while operating effectively.
Andrew Skirton, Pool Re’s senior independent director and acting chair, said: “Angela has exactly the right blend of experience to lead Pool Re at a time of significant change – through the current Government Review and beyond. She understands well the challenges and opportunities we and all our stakeholders face.”
