David Otudeko has been appointed Director of Regulation at the Association of British Insurers (ABI).
David joined the ABI in June 2021 as Assistant Director, Head of Prudential Regulation and has been acting as Interim Director of Regulation since November 2024, following the departure of Charlotte Clark. Prior to joining the ABI, David held various risk-focused roles at the PRA, PWC, and AmTrust.
Hannah Gurga, ABI Director General says,
I’m delighted that David has been appointed as the permanent Director of Regulation. He brings significant experience from within the Financial Services sector to the role and has already made demonstrable progress on a number of issues that are a priority for our members. I’m particularly pleased that an internal candidate was successful through a highly competitive recruitment process, demonstrating the excellent breadth of talent within the ABI.
Hannah Gurga
ABI Director General
David Otudeko, ABI Director of Regulation says,
I am really pleased to have been appointed as the ABI’s permanent Director of Regulation. It is a critical time for (re)insurance regulation with the government and our regulators focused on the UK’s economic growth and competitiveness. There is a key role for the insurance and long-term savings sector to play in support of this. I look forward to working with the government, regulators, ABI members, the amazing staff in the regulation directorate and across the organisation to help boost growth and deliver fit for purpose and proportionate regulation for our sector.
David Otudeko
ABI Director of Regulation
For more information, please contact Press_Office@abi.org.uk
About David Otudeko
David Otudeko leads the regulation directorate which is collectively responsible for the ABI’s policy work on prudential regulation, conduct regulation, tax, financial and corporate reporting and environmental, social and governance (ESG) matters.
David joined the ABI in June 2021 as Head of Prudential Regulation from AmTrust International where he was part of the Risk Management function and was instrumental in establishing a Shared Services Risk Function at the Insurance Group. Prior to this, he had spells working in the Insurance Risk and Regulation Practice at PwC, the Prudential Regulation Authority’s Major Life Insurance Groups Supervision Department and in various roles at RBS over a 10-year period
About the ABI
The ABI is the voice of the UK’s world-leading insurance and long-term savings industry, which is the largest sector in Europe and the third largest in the world. We represent more than 300 firms within our membership, including most household names and specialist providers, providing peace of mind to customers across the UK.
We are a purpose-led organisation: Together, driving change to protect and build a thriving society. On behalf of our members, we work closely with the UK’s governments, HM Treasury, regulators, consumer organisations and NGOs, to help ensure that our industry is trusted by customers, is invested in people and planet, and can drive growth and innovation through an effective market.
A productive and inclusive sector, our industry supports towns and cities across Britain in building a balanced and innovative economy, employing over 300,000 individuals in high-skilled, lifelong careers, two-thirds of whom are outside of London. Our members manage investments of £1.4 trillion, contribute £18.5 billion in taxes to the Government and support communities and businesses across the UK.