Insurance company Direct Line Group has announced that its CFO Tim Harris will take a leave of absence whilst a family member undergoes medical treatment.
In a statement the firm revealed that Harris is expected to return to his position later this year and will continue to remain on the board.
It has been revealed that during this interim period, Neil Manser will be the acting CFO. Manser is currently chief strategy officer and a member of the group’s executive committee. He has formerly held the roles within the group as deputy CFO, managing director of NIG and director of corporate strategy and investor relations.
Manser also deputised as interim CFO pending Harris’s arrival as CFO, between May and October 2019.
Direct Line said that his temporary CFO role will “not be an appointment to the board of directors”, however during this interim period Manser will be attending board meetings in his capacity as Acting CFO.