Craig takes director general interim role at ABI
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Association of British Insurers director of life and savings Maggie Craig will take over as director general until the trade body finds a replacement for Stephen Haddrill.
Haddrill announced in May he was to quit the ABI to join the Financial Reporting Council. He leaves on November 14 and Craig, who will continue in her current position, will take over as director general.
The ABI says Haddrill’s permanent successor should be announced “in the not too distant future”. A spokesman says: “It takes a long time to recruit someone of this calibre. We always envisaged that there would be a period where the ABI would be without a permanent director general.
“The board took the decision that Maggie was the best person to step in for the interim.”
Haddrill will replace Paul Boyle as chief executive of the FRC and will be appointed a member of the FRC board.
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