CDL APPOINTS COMPLIANCE MANAGER FOR NEW ROLE

Insurance software house CDL has appointed Stuart Ritchie, formerly Head of IT at Carole Nash, to the newly created post of Compliance Manager.

Stuart’s initial focus will be on enhancing CDL’s business continuity strategy and data protection protocols, as part of a wider remit to strengthen the company’s compliance function and steer CDL through IT and FSA regulatory requirements.

Stuart Ritchie is an IT consultant with over 40 years of experience in insurance and financial services. Since 1999, Stuart has worked with the Co-operative Bank Financial Advisers, Co-operative Financial Services and Carole Nash, in the senior roles of IT Director, Head of Service Delivery and, most recently, Head of IT.

            Commenting on the appointment, CDL 
            Managing Director, (left) Gary Johnson, said:

            “Data compliance and disaster recovery are
            obviously business critical areas for us, and
            ones in which we have always invested heavily.
            As the regulatory environment becomes ever
            more complex, it is key that we continue to build
            on our expertise with a robust compliance
            function. Stuart is well qualified to help us do this
            and we are delighted to have him on board.”

 

Stuart has practical experience of disaster recovery from his days as IT manager of British Engine Insurance; when the company’s head office was destroyed by the Manchester IRA bomb in 1996, he successfully invoked disaster recovery plans to reinstate services and relocate to alternative premises, enabling the business to resume trading with minimum disruption.