Ken Randall has stepped down as group CEO of Randall & Quilter Investment Holdings (RQIH), while Roger Sellek has been appointed director of the company.
Sellek joins the non-life legacy insurance investor firm from A.M. Best, where he was CEO with responsibility for the group’s worldwide activities, ex-Americas.
Randall will continue to serve as executive chairman..
Following this senior management reorganisation, the board of RQIH now consists of four executive directors in Ken Randall, Alan Quilter, Mark Langridge and Roger Sellek, as well as four non-executive directors in Michael Smith, Alastair Campbell, Phil Barnes and Jo Fox.
Randall commented: “Succession planning has been high on the board’s agenda and, with the continued development of RQIH’s business, it is time to add further strength to our senior leadership team and for me to step back from day-to-day operations.”
Sellek added: “RQIH has evolved to become a major force in its chosen sectors of the insurance industry, and I am very much relishing the opportunity to contribute to its continuing growth as part of the leadership team.”