IAG Managing Director and CEO Nick Hawkins has announced that the company’s Chief Risk Officer (CRO) David Watts has resigned from the company.
Hawkins thanked Watts for the significant contribution he has made to IAG over the past three years. “David has driven a big program of work to strengthen risk management and uplift our risk culture across the company. A key achievement is the successful delivery of our risk maturity program which has improved our risk systems, policies and processes, and launched our integrated risk management system,” he said.
“Having delivered on all these commitments, and with the risk maturity program finishing up at the end of the year, David feels now is the right time to take on a new challenge.”
Watts will continue as IAG’s CRO into the new year and an internal and external executive search process will begin soon to replace him.