Legal and General Reinsurance (L&G Re) has announced the appointment of Amy Ellison as its new chief executive officer.
Ellison has more than 20 years of experience in the financial services industry and has served in multiple roles within L&G since she joined the organisation in November 2016.
Most recently, she served as finance director for defined contribution retail for L&G Investment Management.
Before joining the firm, Ellison worked for PwC in both the UK and Australia, working to deliver audits and assurance services to global listed insurance and asset management clients.
She is set to succeed Thomas Olunloyo, who has been with L&G Re since its launch in 2014 and has served as CEO since 2017.
On her appointment, Ellison said: “I am very excited to be joining L&G Re as it continues to establish its important place within the Legal & General Group.
“Reinsurance is a significant part of how we enable our clients to manage their risks and to meet their obligations to customers.”
She added: “I look forward to building on the formidable foundations Thomas and the talented team in Bermuda have built and to leading the company into its next stage of growth.”