Board of Directors

Non-executive Chair of the board, Luke is responsible for the leadership of the board, setting the agenda and ensuring the board’s effectiveness on all aspects of its role.

Appointment to the Board:
Appointed to the board and as Chair in February 2020.

Committee membership:
Nomination & Governance (Chair to 31 December 2021) and a member of the Remuneration Committee (from February 2020). Attends the Audit & Risk Committee by invitation.

Current directorships/business interests:

• Numis Corporation Ltd
• Numis Securities Ltd
• Liontrust Asset Management Plc, Chair
• Bancroft's School - Chair of the Board

Appointment to the Board
Appointed to the Chesnara plc board in July 2020 and as Chair of the Remuneration Committee in January 2022.

Committee membership:
Audit & Risk and Remuneration (Chair)

Current directorships/business interests

• Movestic Livförsäkring AB, Chair of the company and member of the Audit & Risk Committee
• Movestic Fonder AB
• A J Bell, NED

Appointment to the Board

.Appointed as a director of Chesnara on 2 August 2021 and as Group Chief Executive on 19 October 2021.

Career, skills and experience

Steve joined Chesnara from Royal London where, as part of their Group Executive Committee, he was Chief Commercial Officer with Group wide accountability for M&A and Strategy, Transformation and Analytics & Insight, as well as accountability for its legacy business and the take to market activity across the UK insurance and savings business. He was also a director of Royal London Asset Management. Prior to that he spent 15 years at Standard Life across a variety of roles, seeing it through demutualisation and IPO before leading Group M&A and strategy. He then worked in Standard Life’s UK & European insurance business initially as CEO of 1825 financial planning before becoming MD Commercial & Strategy. After leading the first phase of the separation of the UK & European insurance business to Phoenix, he was appointed as Deputy Head of the Private Market division in Aberdeen Standard Investments. Steve started his career with EY.

Current directorships/business interests:

• Countrywide Assured Services Ltd
• CASFS Ltd
• Countrywide Assured Life Holdings Limited
• Movestic Livförsäkring AB
• Scildon NV Supervisory Boardli>
• Waard Group Supervisory Board
• Cattanach -a private charity (Chair)

Appointment to the Board:
Appointed to the Chesnara plc board on 14 February 2022.
Appointed as the board's Senior Independent Director on 13 May 2025.

Committee Membership:
Nomination & Governance (Chair from 9 April 2024) and Remuneration.

Current directorships/business interests:
Countrywide Assured plc, NED

Career, skills and experience:
Carol has extensive experience in customer strategy, cultural transformation and digital innovation across financial services organisations. In senior leadership roles at Aviva and Aegon, she delivered multi-country customer initiatives, digital transformation initiatives and improvements to customer outcomes. She later led the UK Insurance Practice at Spencer Stuart, supporting boards on leadership capability and succession planning. Carol offers insight into customer-centric operating models, organisational culture and long-term value creation. She was previously on the board of Direct Line Group. She holds a BA in Computer Science from Harvard University and an MBA from INSEAD.

Appointment to the Board:
Appointed to the Chesnara plc board on 6 June 2025.

Committee Membership:
Nomination & Governance Committee and Audit & Risk Committee.

Career, Skills and Experience:

Sam spent a large part of her executive career in the UK FSA (before it was split into the PRA and FCA) and has broad INED experience on the boards of FS, technology and service companies. She also brings commercial experience from roles with Promontory Financial Group (IBM). Sam is a NED at Julius Baer International Ltd where she chairs the Audit & Risk Committee and a member of the Governance and Appointments Committee at Institute of Chartered Accountants in England & Wales. She has previously been an NED at DWF plc and IG Group plc.

Appointment to the Board:
Appointed to the Chesnara plc Board on 15 April 2024.

Career, skills and experience:
Tom is a highly experienced CFO with over 25 years of industry experience and joined from Aviva Investors, the asset management division of Aviva plc where he was most recently CFO. Over a 14-year period, he has held a variety of senior roles within Aviva plc, including Director of Mergers & Acquisitions for Aviva Group and CFO for Aviva's Life and General Insurance business in Ireland. He has an extensive leadership track-record in strategy, M&A, capital management and financial reporting in UK and European insurance businesses. Tom is a fellow of the Institute and Faculty of Actuaries.

Appointment to the Board:
Appointed to the Chesnara plc Board on 29 January 2025.
Appointed as the Chair of Audit & Risk Committee on 13 May 2025.

Career, skills and experience:
Gail is a retired PwC partner with over 30 years' experience in financial services audit, predominantly focused on the insurance sector. Gail has also been the Global IFRS technical partner responsible for insurance and financial instruments and brings a well-developed perspective on the UK life and pensions industry. A qualified accountant, Gail holds a BSc from the University of Warwick and a BA from The Open University. She is currently a Trustee of the Breast Cancer Now charity and a member of the Institute of Chartered Accountants in England & Wales (ICAEW) Financial Services Board. For 7 years she was an independent Council member at the University of Warwick and a member of its Audit & Risk committee.