Utmost International Announces New CEO Appointments in the Isle of Man and Ireland

26 March 2024

Utmost International announces the appointments of Karl Moore and Henry O’Sullivan as the respective CEOs of our Isle of Man and Ireland businesses.

26 March 2024

Utmost International is pleased to announce the appointments of Karl Moore as the new CEO of Utmost International Isle of Man (“UIIOM”) and Henry O’Sullivan as the new CEO of Utmost International Ireland with effect from 1 April 2024. The appointments follow the retirement of Mike Foy, who was CEO of UIIOM for over seven years.

Both Karl and Henry have extensive leadership experience and knowledge of Utmost, having previously held a variety of key positions across the Group. Mike will be replaced by Karl, who is currently CEO of Utmost International Ireland, and is returning to the Isle of Man where he had previously held the position of CFO of UIIOM until December 2021. Henry will succeed Karl as CEO of Utmost International Ireland having been CFO of the business since 2018.

Henry’s appointment has been approved by the Central Bank of Ireland. Karl’s appointment, while approved by the Isle of Man Financial Services Authority, remains subject to regulatory approval by UIIOM’s other regulators.

Paul Thompson, Utmost Group CEO, commented:

“We are pleased to have appointed Karl and Henry to the CEO position of two of our Utmost International businesses. The internal appointment of these positions highlights the strong calibre of our existing leadership across Utmost and I have no doubt that the experience of Karl and Henry will play an important role in the future success of Utmost.

“I would also like to personally thank Mike for his long dedication to the Isle of Man business, having spent 25 years with the entities that now form Utmost. During his tenure Mike has been at the forefront of transforming Utmost International into a leading provider of international life assurance and he leaves the business well positioned for future growth. I wish him all the best in his retirement.”

For further information, please contact:

Utmost Group Press

Tel: +44 (0)203 861 4343 / Email: press@utmostgroup.com

About Utmost Group plc

Utmost Group plc is a leading provider of insurance and savings solutions. Its principal businesses are Utmost International and Utmost Life and Pensions. Utmost Group plc is subject to Group Supervision by the PRA.

About Utmost International

Utmost International is a leading provider of wealth solutions, providing unit-linked life assurance policies via our global network of intermediaries. Utmost International operates across the UK, Europe, Latin America, Asia and the Middle East.

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