Steve Colsell was formerly at Zurich where he held a number of senior executive positions, including finance director of its UK and international life division. He has over 19 years of experience in the financial services industry, which includes roles with Allied Dunbar and Eagle Star.
Peter Birch, chairman of Kensington, says: “We are delighted that Colsell is joining the board as group finance director. His extensive experience of working within regulated, specialist financial markets and dealing with multiple distribution channels will prove particularly valuable to Kensington as it continues to grow.”
Colsell adds: “I am excited about joining Kensington. The business is a leader in its attractive specialist market and is expanding rapidly. I much look forward to contributing to its future development.”
The appointment of Colsell as group finance director complements the recent announcement that Alison Hutchinson will join Kensington Mortgages as managing director, from Barclaycard, on October 4 2004.
John Maltby, group chief executive, says: “Kensington has a clear, ambitious and achievable strategy. The arrival of Colsell and Hutchinson will further strengthen the senior management team to enable the group to deliver its significant potential and continue its record of strong profitable growth.”