Scottish Widows appoints Matt Cuhls as non-executive director

13 November 2023

Scottish Widows has today announced that Matt Cuhls will join the Scottish Widows Group Board as a nonexecutive director from January 2024.

In March 2022 Matt stepped down as CEO of ReAssure Ltd after nearly 10 years, though he remained as a Managing Director of Phoenix Group Holdings, with responsibility for ReAssure Operations until June this year.

He currently serves as a non-executive director on the board of community bank FAIRshare Credit Union Ltd, is an adviser for the Pensions Ombudsman’s Early Resolution Service and is a business mentor with Help to Grow.

Matt has also held position of Chief Risk Officer for ReAssure and a number of Board roles for other life companies within the ReAssure and Phoenix Groups.

Matt will bring valuable insight having advised executive leadership teams and steered Boards to achieve ambitious strategic goals. He will also bring significant experience in shaping long-term governance and risk management within financial services.

Scott Wheway, Chair of the Scottish Widows Group Board, said: “Matt has an extremely impressive track record of industry experience and a deep understanding which will be a valuable addition to the Board. We remain fully committed to delivering on our strategy for the benefit of our customers and are confident that his expertise will support our ongoing efforts to achieve this.”

Source: Scottish Widows