NFU Mutual has announced that its group CEO Lindsay Sinclair will step down from his role in March 2021, after 12 years in the role.
Sinclair will be succeeded by current sales and agency director, Nick Turner, who will assume the position on 1 April 2021, subject to regulatory approval.
Turner first joined NFU Mutual’s board in 2013 after moving from AXA, where he spent 27 years in a wide variety of sales and business development, marketing and strategy roles across life, general insurance and global partnerships for the AXA Group.
He is also president of the Chartered Insurance Institute.
Chairman Jim McLaren said: “Throughout his tenure with us as group chief executive, the company has continued to achieve consistent growth, which is in no small way down to Lindsay’s strong leadership.
“His contribution over the last 12 years, and more recently throughout the pandemic, has been outstanding. We are delighted that we will continue to work closely with Lindsay over the months ahead to ensure a smooth handover and consistent leadership.”
Sinclair said: “As an organisation, we have coped tremendously well through the pandemic and the last few months have been some of my proudest in leading this organisation through some of its toughest challenges. I believe the business now has an excellent footing to continue to thrive and be there for our many members.
“It’s time to think about handing over the baton. Nick has played a critical role in NFU Mutual’s Senior Leadership Team over the past seven years, including the last year, where he has worked closely with me as we tackled the impact of the pandemic.”
Turner added: “I feel privileged to have worked for Lindsay and to be appointed his successor from April next year. I look forward to continuing the company’s strategy and our great work to be the insurer that is consistently there for its members.”