Royal & SunAlliance is axing two directors in a shake up designed to bring together the functions of group strategy, mergers and acquisitions, investor relations and communications.
Acquisitions and disposals director Michael Hesketh and communications director Mike Jones are to lose out with the creation of a new department, called the office of the group chief executive.
The new department will be headed by Stuart Degg who becomes a director. Malcolm Gilbert will become director of communications and investor relations and Richard Gyles will become director acquisitions and disposals. John Stratham will remain as director of strategy.