Bupa has appointed Evelyn Bourke as its new Chief Financial Officer. She brings with her a strong track record and significant experience in financial services, risk and capital management, operations and mergers and acquisition.
Evelyn joins from Friends Life where she was Chief Commercial Officer and latterly CEO of its Heritage division. Previously she was the Executive Director responsible for Strategy, Capital and Risk and before that, Chief Financial Officer of Friends Provident. She is a qualified actuary.
Stuart Fletcher, Bupa’s Chief Executive, said:
I am delighted that Evelyn is joining Bupa as Chief Financial Officer, especially given her significant knowledge of the insurance sector and her experience of being a CFO in two large businesses.
Evelyn’s finance, risk, actuarial, operations and M&A know-how will be invaluable as we grow Bupa over the coming years, and I feel very confident that Evelyn will be a good fit with Bupa’s culture.
I look forward to welcoming her to our team and working closely with Evelyn to lead Bupa through our next stage of development and growth.
Lord Leitch, Bupa’s Chairman, said,
Evelyn’s impressive experience and strong track record made her the stand-out candidate to help Bupa achieve its ambitions. The board and I look forward to welcoming her.
Evelyn Bourke said:
I’m delighted to be joining Bupa at such an exciting time – it’s a great business with amazing opportunities and all the key elements in place to deliver fantastic results.
Evelyn will be taking over from Acting Group Finance Director, Neil Taylor, who stepped up to the role in September 2011 following Tom Singer’s departure. Neil’s leadership of the finance function is greatly appreciated by the Board. After an appropriate handover to Evelyn, Neil will return to his role as Finance and Development Director for Bupa Care Services.
Evelyn’s start date is to be confirmed.
Notes to Editors
Evelyn Bourke joined Friends Provident Plc as Chief Financial Officer (CFO) in May 2009 and was appointed to the Board, latterly becoming an Executive Director responsible for strategy, capital and risk. Most recently, in 2011, she was appointed Chief Commercial Officer of Friends Life, and was CEO of its Heritage division, which has £69bn of assets and 4 million policies.
Previously she was CFO of Standard Life UK Financial Services, the principal operating division of Standard Life. Before being CFO, she was Standard Life’s Group Strategy and Planning Director and Group Actuarial Director.
Prior to joining Standard Life she held senior positions and undertook a wide range of consulting work in the life and pensions industry including at Chase de Vere Investments Plc, St James' Place plc and Tillinghast Towers Perrin.
Evelyn is a non-executive director of the IFG Group.
Bupa Press Office: +44 (0)20 7656 2454
Steve John, Group Director of Corporate Affairs: +44 (0)20 7656 2234
Bupa’s purpose is to help people lead longer, healthier, happier lives.
A leading international healthcare group, we offer personal and company-financed health insurance, run hospitals, and provide workplace health services, home healthcare, health assessments and chronic disease management services. We are also a major international provider of nursing and residential care for elderly people.
With no shareholders, we invest our profits to provide more and better healthcare and fulfil our purpose.
Bupa employs nearly 52,000 people, principally in the UK, Australia, Spain, New Zealand and the USA, as well as Saudi Arabia, Hong Kong, India, Thailand, China and across Latin America.
2011 annual results: Group revenues – £8bn up 6%; underlying surplus – £559m up 20%. Customer numbers – 10.8m.
For more information, visit www.bupa.com