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Montagon elected chairman of ICGN

The Association of British Insurers has announced Peter Montagon, director of investment affairs at the ABI, has been elected chairman of the board of the International Corporate Governance Network.

Montagon was elected to the post at the ICGN’s 12th annual conference in Cape Town, South Africa earlier this month.

The ICGN has more than 500 members from 44 countries and works to improve corporate governance practice worldwide. It will focus on a range of industry issues including the roles of shareholders and directors, regulation and the understanding of shareholder responsibilities.

This non-executive appointment is in addition to Montagon’s role at the ABI, where he represents the interests of insurance companies.

Montagon says: “The debate on corporate governance is becoming more international and it’s a great honour from me, and for the ABI, to have been elected to this role. The strength of the ICGN is the commitment of its members and its Executive Director, Anne Simpson. I am looking forward to working with them to promote high standards of corporate governance which in turn should help companies generate long-term value for investors.”

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