CII appoints new chief executive

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CII appoints new chief executive
Alan Vallance, incoming chief executive of the CII

The Chartered Insurance Institute has appointed Alan Vallance as its new chief executive.

Vallance joins from the Royal Institute of British Architects where he has worked for seven years and where he is currently chief executive.

During his time there Vallance put in place a comprehensive growth and transformation programme including a governance and constitution overhaul, staff restructure, property review, and extensive investment in technology and international support.

The CII said it was focussed on modernising the professional body and improving services and value for members wherever they live or work.

In his new role at the CII, Vallance will take forward the board’s new strategy and next five-year plan, which will be informed by the Shaping the future together consultation feedback.

He will succeed Jonathan Clark, interim chief executive, on August 30

Clark was previously president of both the CII and the Chartered Institute of Loss Adjusters, as well as CII treasurer between 2003 and 2007. He had a long career in the insurance sector, most recently as global head of single risk claims at SCOR, before he founded JC Consulting Limited in 2021.

He took over from Sian Fisher who announced last year that she would step down on March 31 after more than six years at the helm of the CII. 

Helen Phillips, chairperson of the CII, said: "Alan’s experience as chief executive of the Royal Institute of British Architects, a royal charter membership body, make him the ideal choice to lead the Chartered Insurance Institute.

“He is well recognised as an expert in leading and transforming professional bodies into becoming 21st century digital organisations with greater focus on meeting members’ needs.”

Prior to Riba, Valance trained as a chartered accountant in London with Ernst & Whinney, later Ernst & Young, and has a background in finance, consulting, strategic planning and general management across a wide variety of roles in Europe and Australasia.

He spent most of his time with EY on insurance audit work with Lloyd’s of London syndicates, brokers and insurance companies.

He said: “I am delighted to join the Chartered Insurance Institute and look forward to working with the volunteers, the board, colleagues and partners to deliver the skills, knowledge and networking insurance and personal finance professionals need to develop their careers and serve the public.

“The CII is a force for good in raising public trust in the profession. It will be an honour to represent both the institute and shine a light on the power of insurance and financial planning to improve the nation’s financial resilience in the UK and internationally.”

The CII said Vallance has been an “influential representative” for RIBA, leading on issues including international trade, climate action and Brexit negotiations, and on key panels including the professional business services council, the creative industries council and the creative industries trade and investment board.

Earlier this month, the CII launched a career development platform for insurance and financial planning professionals.

sonia.rach@ft.com 

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