ABI director general Huw Evans is to stand down from his current role at the end of the year.
Evans will be joining KPMG as a partner in its insurance and long-term savings practice from January 2022.
He has been ABI director general since February 2015 and joined the association in 2008 as operations director before becoming director of policy and deputy director general in 2013.
Evans said: “It’s been a huge privilege to help lead the insurance and long-term savings sector but I am now in my seventh year as director general and it feels the right time to be preparing to move on. I’m really pleased to have the opportunity to stay in the sector and carry on helping it meet the fast-changing requirements of customers, regulators and our economy.
“Leading a trade association and driving modernisation is never easy and it has certainly not been a quiet term of office with Brexit, Solvency II implementation, pension freedoms, a pandemic and three general elections to help navigate among many other things. I’ve been blessed with a great ABI team and a group of industry leaders really committed to driving our sector forward and that is what has made the job worthwhile. There is still plenty to do and I look forward to focusing on Solvency II reform, improving customer outcomes, GI pricing and developing our climate change roadmap in my remaining seven months.”