O’Donnell was formerly senior vice president and chief financial officer at Unum, having joined the organisation in 2010. O’Donnell has held senior finance roles at RSA and Aviva and was director, group finance, at Prudential. He has a Bachelor of Commerce degree from University College Dublin.
Deputy CFO Stephen Harry becomes CFO of Unum UK. Both UK appointments are subject to regulatory approval.
McGarry became CEO of Unum UK in July 2010, overseeing the organisation through its innovative TV advertising campaign.
Unum’s closed block includes individual disability policies issued prior to the mid-1990s and all of the company’s long-term care business.
Thomas R. Watjen, president and CEO of Unum Group says: “These leadership changes affect two very important areas of our company. Our closed block now represents over 25 percent of our capital, and I’m confident that Jack’s significant financial and operational expertise will help us improve the performance of this business.”
“Peter has been a tremendous addition to our leadership team, with a proven track record of success both at Unum UK and within the financial services industry. I’m confident he will be able to help us capitalize on our unique position in the UK market.”