ABI NAMES OTTO THORESEN NEW DIRECTOR-GENERAL

OTTO Thoresen, the chief executive of Aegon’s UK arm, has been named as the new director-general of the Association of British Insurers (ABI). The trade association for insurance, investment and savings has been overseen by Maggie Craig, ABI’s director for life and savings, since Kerrie Kelly left last summer after just six months in the post. Thoreson is the first industry executive in the role.