Chief Financial Officer Transition
ADMADM(US:ADM) Globenewswire·2026-01-12 11:00

Core Viewpoint - Admiral Group announces the retirement of Geraint Jones as Group CFO, with Rachel Lewis set to assume the role from July 2026, following a thorough recruitment process and subject to regulatory approval [1][3]. Group Leadership Transition - Geraint Jones has been with Admiral for 24 years and has been a key figure in the Group's transformation, increasing market capitalization from £3.7 billion to £9.6 billion and growing the customer base to 11 million [2]. - Rachel Lewis, currently CFO of Admiral's UK insurance business, will become Group CFO and join the Board as an executive director, bringing two decades of experience in financial strategy and growth [3][4]. Contributions and Legacy - Geraint Jones expressed pride in his role at Admiral, highlighting the company's commitment to customer service and sustainable growth during his tenure [5]. - CEO Milena Mondini di Focatiis acknowledged Geraint's significant contributions, noting the tripling of the customer base and sustainable growth achieved under his leadership [6]. - Mike Rogers, Chair of the Board, emphasized the importance of succession planning and expressed gratitude for Geraint's leadership during a period of consistent growth [7]. Incoming CFO's Vision - Rachel Lewis expressed her honor in stepping into the Group CFO role, emphasizing her commitment to supporting the company's strategic ambitions and delivering growth through customer excellence [8].