ABI appoints Aegon UK boss as new director general

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The Association of British Insurers (ABI) has appointed Otto Thoresen as its new director general. Mr Thoresen takes up the role on April 4 and will be based in London.

Mr Thoresen is currently chief executive of Aegon UK and a member of the board of management of Aegon N.V.

ABI chairman, Tim Breedon, said: "Otto is a leading industry executive who will bring strong leadership and proven industry expertise to the ABI's work. He will have huge credibility representing the industry with the first hand-knowledge that comes from running a business in the current challenging regulatory and business climate."

"He combines significant industry experience with a

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