Malta
29 June 2017
Reporter: Becky Butcher

DARAG names Stuart Davies as new board chair


DARAG, a European run-off insurance company, has appointed Stuart Davies as chair of the group, with immediate effect.

Davies will take on the role from Claus Stenbaek, who will remain on the board as non-executive deputy chair.

Currently, Davies also serves as an investment partner at private equity firm Disruptive Capital.

Davies said: "With ambitious growth plans and a substantial deal pipeline, DARAG is currently in the process of optimising its management structure, including the appointment of a new CEO, to prepare the company for the next stage in its ongoing expansion.”

He added: ”I am therefore delighted to be joining this enterprising company and look forward to working with the DARAG team."

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