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Rothesay Life announces Non-Executive Board changes

Rothesay Life plc is pleased to announce that Simon Morris has joined the Board as an independent Non-Executive Director.  

Simon brings significant board experience and financial expertise to Rothesay Life. He is Non-Executive Director of Goldman Sachs Bank USA, and founder and CEO of Boltons Place Capital Management, a private investment fund. Simon has over 25 years’ experience working in financial institutions, initially at JP Morgan and subsequently at Goldman Sachs where he was Head of International Credit Trading and European Mortgage Trading.

Rothesay Life also announces that Richard Berliand has stepped down as an independent Non-Executive Director.

Commenting on these changes, Naguib Kheraj, Non-Executive Chairman of Rothesay Life, said: “We are delighted that Simon has joined the Rothesay Life Board. He has joined at an exciting time of growth for the business. Simon’s expertise in markets and risk management make him an ideal appointment and I look forward to working together.

“I would also like to thank Richard for his contribution over the past four years and wish him the very best for the future.”

The Rothesay Life Board comprises, three Executive Directors, nine Non-Executive Directors and the Non-Executive Chairman.

Biography of Simon Morris

Simon Morris is the CEO of Boltons Place Capital Management, a private investment fund, and a Non-Executive Director of Goldman Sachs Bank USA. He was previously a partner at Goldman Sachs where he was Head of International Credit Trading and European Mortgage Trading. Simon served on Securities Division Executive Committee, Firmwide Risk Committee and was co-head of Goldman Sachs International Risk Committee. He retired from Goldman Sachs in 2017 after 17 years. Prior to Goldman Sachs, Simon was at JP Morgan in Credit Trading.



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About Rothesay Life

Rothesay Life was established in 2007 and has become one of the leading providers of regulated insurance solutions in the U.K. market for pensions de-risking. This strong growth has been achieved through the steady accumulation of pension scheme clients, significant strategic acquisitions and the reinsurance of annuity portfolios. Rothesay Life has assets under management of over £36bn and insures the pensions of over 770,000 individuals.

Existing Rothesay Life clients include the pension schemes and customers associated with such names as Prudential, RSA, British Airways, Rank, Uniq, General Motors, the MNOPF (Merchant Navy Officers Pension Fund), InterContinental Hotels, Philips, GKN, Lehman Brothers, Aegon, Zurich Assurance, the Post Office and the Civil Aviation Authority.

Rothesay Life was founded on several core pillars:

  • Clear and disciplined business strategy;
  • Prudent underwriting;
  • Meticulous management of risk and cautious investment strategy offering absolute customer security;
  • Excellence in execution; and
  • Robust operational processes underpinning excellent customer service

Rothesay Life has three substantial institutional shareholders, Blackstone, GIC and Massachusetts Mutual Life Insurance Company, who provide the company with long term support for its growth and development.

Rothesay Life is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Further information is available at