With over 20 years’ experience working in the financial services industry, Ms Humphreys has joined the Scottish Friendly team.

Most recently as a director within the risk assurance practice at professional services firm PwC, she has built up vast experience in areas such as enterprise risk management, risk and capital management and Solvency II, as well as managing complex change programmes. Alongside her 14 years’ experience with PwC, Genevieve also brings experience of industry from prior actuarial roles at Abbey.

In conjunction with a statistics and maths degree from University College Dublin, Humphreys was approved as a Certified Enterprise Risk Actuary (CERA) by the Institute and Faculty of Actuaries in 2014.

Scottish Friendly said Ms Humphreys will play an essential role as the firm prepares for the transfer of a substantial book of life and pensions business from Canada Life later this year, subject to regulatory approval.

Chief executive, Scottish Friendly, Jim Galbraith, said: “We are delighted to announce the appointment of Genevieve as chief risk officer to Scottish Friendly’s executive management team. This is a significant period in Scottish Friendly’s history as we continue to build on the significant growth we have delivered over the last five years through our strategy of organic growth, mergers and acquisitions and business process outsourcing.”

Ms Humphreys said: “I am excited to be taking on this role at an exciting time for Scottish Friendly as it continues on its successful strategy for growth and commitment to mutuality.”