Admiral Group, a financial services and insurance company with businesses in the United Kingdom, Europe, and America, announced the appointment of Keith Davies as group chief risk and compliance officer.

The move takes effect Sept. 1, with Davies responsible for developing, implementing, and overseeing the company’s risk and compliance functions and frameworks. He will report to Chief Executive Milena Mondini de Focatiis.

Davies joins Admiral from Federated Hermes Limited, where he was chief risk and compliance officer. Before that, he held the role of chief risk and resilience officer for M&G, also serving as a member of the executive committee that prepared the company for its demerger from Prudential.

He held other senior roles within the Prudential, including group-wide head of internal audit, chief risk and compliance officer for M&G Prudential and Prudential U.K. insurance business and chief risk officer for the group’s treasury and portfolio management businesses.

Prior to joining Prudential, Davies worked in risk management and audit at Standard Chartered, Standard Bank, and Deutsche Bank. He spent two years within the policy team at the Financial Services Authority.

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