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Hibernian Life & Pensions appoints new managing director

Hibernian Life & Pensions has confirmed Dermot Browne as the new managing director of the Irish insurance firm, to commence in early 2007 with his primary role to lead the Hibernian Life and Ark Life businesses.

Mr Browne will be joining the insurance company from Star Life Assurance Company where he most recently held the position of director of sales, marketing and information technology. Prior to this position, he held a variety of roles within the company including, group financial controller and director of finance and information technology.

Dermot has an impressive track record and has demonstrated a strong strategic understanding of commercial issues, commented Stuart Purdy, deputy chief executive of Hibernian Life & Pensions. Dermot’s experience in the areas of business and product development together with the strong relationships he has built in the broker market will stand him in good stead as he leads the Hibernian life businesses towards strong market growth. We very much look forward to having Dermot on-board.

Hibernian Life& Pensions is a subsidiary of Hibernian Life Holdings, a joint venture company between Hibernian group and Allied Irish Banks for the provision of life and pensions services in Ireland.