Admiral co-founder and CEO to step down

Tube exit

Admiral Group has confirmed that co-founder and group chief executive officer, David Stevens, has notified the Board of his intention to retire from his position in 12 months’ time. 

The insurer explained that following a “thorough selection process”, Stevens will be replaced by Milena Mondini de Focatiis, who is currently head of UK and European Insurance.

She will be promoted to group CEO-designate and join the Board as an executive director in due course and assume the CEO role after the

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