Sally Lake to replace Martin Bride as Beazley finance director.

FTSE 250 insurer Beazley said on Friday that Sally Lake will replace Martin Bride as the group finance director.

Bride, who stepped down from the board on Thursday, will retire from Beazley at the end of August.

The company also announced that John Reizenstein will succeed Angela Crawford-Ingle as chair of the audit and risk committee, with effect from 31 May.

Chairman David Roberts said: "I am delighted to welcome Sally to the Beazley plc board. The board is immensely grateful to Martin for his 10 years of service and great contribution to Beazley and its growth and we wish him well in his retirement. The board also thanks Angela for her tremendous contribution and wishes her well."