New group chief exec and promotions at First Central

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FIRST CENTRAL Insurance & Technology Group has appointed a new group chief executive officer.

Michael Lee, CEO of First Central (24317035)

Michael Lee was previously the managing director of the Hastings insurer services division and part of the executive team that listed Hastings Insurance on the London Stock Exchange.

Prior to his role at Hastings, the chartered insurer spent almost a decade at Provident Insurance before co-founding Southern Rock Holdings in Gibraltar.

Having formed 10 years ago, First Central employs almost 650 people across the group, of whom 40 are from Guernsey.

‘Michael brings a wealth of experience, not only in the UK motor insurance market, but also in growing significantly, and broadening, a customer base,’ said First Central chairman Mike Leonard.

‘He has a proven track record of delivering strategic success and driving business growth, as well as considerable experience within the industry. We are thrilled to welcome Michael to First Central.’

In addition to the CEO appointment, First Central has announced two promotions in the leadership team. Jo McGowan has stepped into the role of HR director and Zuzana Clark is now operations director. They will join the subsidiary boards of First Central Services UK and 1ST Central Law respectively.

Mr Lee said he was excited to join the company, adding: ‘First Central’s in an enviable position. Both its size and bespoke technology enable it to adapt with agility to changing market conditions and ensure it can maximise opportunities created.

‘This is really inspiring and provides a great backdrop for future profitable, sustainable growth.’

Will Green

By Will Green
Business Editor

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