IN BRIEF: Admiral appoints Revolut CIO as non-executive director

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Admiral Group PLC - Cardiff-based insurer - Appoints Revolut Ltd’s UK Chief Information Officer Carlos Selonke as an independent non-executive director with immediate effect. Prior to Revolut UK, Selonke was Chief Information Officer at Santander UK PLC, which is wholly owned by Banco Santander SA.

‘I am pleased to appoint Carlos to the board. He has extensive international financial services and digital transformation experience, gained whilst working for well-known personal finance brands. I believe that his expertise and insights will prove valuable as the group continues to leverage its data and technological capabilities to deliver for customers,’ says Chair Mike Rogers.

‘I am looking forward to working with the rest of the Board and the management team to support the group‘s ambitions and its ability to maximise digital opportunities that enable sustainable business model,’ says Selonke.

Current stock price: 3,073.39 pence, up 0.1% on Wednesday afternoon in London

12-month change: up 15%

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