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Ageas' CEO Andy Watson on taking over from Barry Smith

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Ageas CEO Andy Watson has admitted that taking on his current role from predecessor Barry Smith was “a bit of an Alex Ferguson moment”.

Watson became CEO of the provider in January 2013, when Smith moved into the newly created role of group COO.

At that time, Ageas had just purchased Groupama Insurances, and so a reshuffle of the entire senior management team became necessary.

“When it became clear that we were going to buy Groupama and that I would take over as UK, we sat down and we considered how that might work and how we would use the team to the best of their abilities and also how we would reorganise to facilitate the

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