Resolution chairman to quit following overhaul

Jenna Towler
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Resolution has confirmed its chairman Mike Biggs will leave the company after its governance overhaul.

Biggs said while he willcontinue to lead the board and oversee this "period of change", he will leave after the completion of the governance overhaul. In a statement to the stock exchange, the firm said Resolution Operations chief financial officer Jim Newman would join the company's executive committee as transformation director. The life insurance consolidator said the governance changes would reflect a more conventional, simplified corporate structure. Former Financial Services Authority boss John Tiner, who previous announced his intention to leave the board, will now stay on. ...

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