Rowan Douglas as CEO, Climate Risk & Resilience
Howden’s climate and resilience capabilities will span physical risks, the risks associated with de-carbonisation, the wider risks stemming from the low carbon transition and growing legal liability risks faced by public and private sector organisations
London:
Howden, the global insurance group, announced on Tuesday the appointment of Rowan Douglas as CEO, Climate Risk & Resilience, effective 26 June.
Douglas’ role is to continue to build an expert, full spectrum function to support the group worldwide, embedding climate and resilience across its specialities and regions.
Charlie Langdale will step up as Chair, Climate Risk and Resilience. Douglas will be based in London and will report to David Howden, CEO, Howden.
This appointment is an important step in accelerating the growth of Howden’s climate and resilience capabilities, and preludes further significant investment to create a platform for the future that meets the opportunity and scale of market demand over the coming decades.Insurance will be at the heart of how economies understand, manage and share these risks across geographies and generations.
Howden’s climate and resilience capabilities will span physical risks, the risks associated with de-carbonisation, the wider risks stemming from the low carbon transition and growing legal liability risks faced by public and private sector organisations.
It follows Howden’s recent announcements on the launch of the world’s first carbon credit invalidation product for the voluntary carbon market and its partnership with Resilient Cities Network. Through other partnerships, including those with the United Nations Capital Development Fund (UNCDF) and the Danish Red Cross, Howden has helped to enable those most exposed to climate disasters to access pre-financing.
David Howden, Chief Executive Officer, Howden, said: “Tackling climate change requires the most substantial reallocation of capital in history, and insurance has a huge role to play across the mitigation, adaptation and resilience agenda. Meeting the challenge will take a global effort and radical collaboration across all industries, and between both the private and public sectors.
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