John van Kuffeler appointed Non-Executive Chairman of Hyperion Insurance Group

19.01.10

10th February 2009: Hyperion Insurance Group, one of the UK’s fastest growing international insurance groups, today announced the appointment of John van Kuffeler as Non-Executive Chairman.

John van Kuffeler brings nearly 40 years of international financial services experience to his new role, and is also Chairman of Provident Financial PLC. He joined Provident Financial in 1991 as Chief Executive, and was appointed Executive Chairman in 1997, becoming non-executive Chairman in 2002. Prior to his career at Provident Financial he was Chief Executive of Brown Shipley, the investment banking group. Both Provident Financial and Brown Shipley had significant insurance operations and van Kuffeler was also a non-executive director of the Medical Defence Union. He is the Founder and former Chairman of Huveaux, the AIM listed political publishing & media group and former Chairman of Eidos as well as two City based investment trusts.  He is also an Advisory Board member of the Princes Trust and a former Council member of the CBI.

Commenting on the appointment, David Howden, Hyperion’s CEO, said: “Following 3i’s investment, we were keen to secure a first rate Non-Executive Chairman to help us accelerate our growth plan and enable the business to thrive as it continues on its path to becoming an industry leader.  I am delighted to welcome John to Hyperion. An entrepreneurial leader of great professional standing and personal integrity, he will bring enormous strength and expertise to our board. In particular, his background in corporate finance and his international experience will be of tremendous value to us”.

John van Kuffeler added: “I am delighted to be joining this highly successful company and to assist in the next important stage of its development.”