Bruce Hemphill appointed Chair of Athora

Pembroke, Bermuda, 31 October 2023 – Athora Holding Ltd. (Athora), a leading European savings and retirement services group, today announces the appointment of Bruce Hemphill as Chair. 

Mr. Hemphill is a financial services veteran with a 30-year track record in senior executive and non-executive leadership roles across international markets and jurisdictions. Effective 1 January 2024, Mr. Hemphill will replace Dr. Nikolaus von Bomhard, who will retire after serving six years as Chair since Athora’s inception. 

Mr. Hemphill said: “It is an honour to take on the role of Chair at this pivotal stage in Athora’s development. My focus will be to build upon the strong foundations that have been set for the benefit of all stakeholders in the years to come.  Athora has an effective business model, talented people and is in a great place to deliver its strategy, supported by high quality long-term global investors. I look forward to working with the Board and management teams to deliver the next phase of Athora’s journey.” 

Mike Wells, Group Chief Executive Officer (CEO), said: “I’m delighted to welcome Bruce as Chair and look forward to working with him. Bruce’s long history of leadership and deep experience in financial services makes him an ideal person for this role, and to support the next stage of our growth. Nikolaus has been a driving force in Athora’s establishment as a leading savings and retirement services group in Europe and leaves the group in a strong position. I would like to sincerely thank him for his significant contributions to Athora over the last six years.”

Dr. Nikolaus von Bomhard said: “It has been an incredible journey with Athora and I am immensely proud of what we have achieved so far.  I have the utmost confidence in Athora’s future and, as I step down from my role as Chair, I look forward to watching Athora continue to grow and shape the savings and retirement services market in Europe.” 

Mr. Hemphill is a global leader in the financial services industry having served as Group CEO of Old Mutual plc, a FTSE 100 company, from 2015 to 2019, as well as CEO of Liberty Holdings Limited earlier in his career. He joins Athora from Catalina Holdings (Bermuda) Ltd. where he was most recently non-executive Chair.