UK ICMIF member NFU Mutual has announced that Group Chief Executive Lindsay Sinclair will retire at the end of March 2021 after more than 12 years in the role.
Lindsay will be succeeded by current Sales and Agency Director, Nick Turner. Subject to regulatory approval, Nick will take up the position of NFU Mutual Group Chief Executive on 1 April 2021.
Commenting on the announcement, NFU Mutual Chairman Jim McLaren said: “Throughout his tenure with us as Group Chief Executive, the company has continued to achieve consistent growth, which is in no small way down to Lindsay’s strong leadership. His contribution over the last 12 years, and more recently throughout the pandemic, has been outstanding. We are delighted that we will continue to work closely with Lindsay over the months ahead to ensure a smooth handover and consistent leadership.”
Lindsay Sinclair said: “As an organisation, we have coped tremendously well through the pandemic and the last few months have been some of my proudest in leading this organisation through some of its toughest challenges. I believe the business now has an excellent footing to continue to thrive and be there for our many members.
“It’s time to think about handing over the baton. Nick has played a critical role in NFU Mutual’s Senior Leadership Team over the past seven years, including the last year, where he has worked closely with me as we tackled the impact of the pandemic.”
Nick Turner added: “I feel privileged to have worked for Lindsay and to be appointed his successor from April next year. I look forward to continuing the company’s strategy and our great work to be the insurer that is consistently there for its members.”
Nick Turner joined NFU Mutual’s Board as Sales and Agency Director in 2013 from AXA, where he spent 27 years in a wide variety of sales and business development, marketing and strategy roles across life, general insurance and global partnerships for the AXA Group. He is President of the Chartered Insurance Institute.
Lindsay Sinclair has also been a member of the ICMIF Board of Directors since his appointment as CEO at NFU Mutual. Speaking on behalf of ICMIF, CEO Shaun Tarbuck said: “ICMIF is owned, governed and actively guided by its member organisations so, just like a good cooperative or mutual, it can gauge and respond to its members’ changing needs and expectations. Our Board of Directors is critical in helping us to do this and Lindsay has played a very active role in our governance since joining the Board. We are very grateful for his support and dedication to the Federation and his knowledge of the mutual sector and willingness to give back to it has been of great value. My team and I wish Lindsay all the best for the future and we look forward to working with Nick Turner when he assumes his new role in the spring.”
Picture shows: Lindsay Sinclair speaking at the ICMIF Board Meeting during the Biennial Conference 2015 in Minneapolis (USA).