By Marcus Leach

RSA plc have announced that George Culmer has resigned to take up the position of Group Finance Director of Lloyds Banking Group plc.

George will remain as a Director and Chief Financial Officer of RSA until an as yet to be agreed leaving date.

“I would like to thank George for his significant contribution to RSA over the last eight years and for his continuing involvement to ensure a smooth transition to his successor,” Simon Lee, Chief Executive of RSA, said.

George Culmer said the offer from Lloyds was too good to refuse.

“I have thoroughly enjoyed being part of the senior leadership team at RSA as we have rebuilt the Company’s strength and vitality and it’s now in a very strong position," he said.

"However, the role at Lloyds was one that I could not turn down and I wish Simon and my RSA colleagues continued success.”

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