Central Bank of Ireland carried out review
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Pictured: Declan Moran
VHI Healthcare has appointed Declan Moran as acting chief executive.
Moran, who is currently the company’s director of marketing and business development, will take up the position on Tuesday 1 November.
A fellow of the Institute of Actuaries since 1994, Moran joined VHI in 1997 from the life and pensions industry. He was appointed to the company’s board of directors in 2008.
To date he has been responsible for the management of VHI’s product portfolio and the development of new products and services. He has also provided actuarial expertise within the organisation.
VHI chairman Bernard Collins said Moran’s strength and experience across a breadth of areas will be invaluable in leading the company over the coming period.
“His key priorities will be to ensure that VHI Healthcare can both develop and present a sustainable business plan as we work towards achieving financial regulation as well as addressing the impact of the new community rating regulatory environment to be introduced by Government,” he said.
Collins also thanked Jimmy Tolan, the outgoing CEO, who joined the company in May 2008. “Jimmy has been an outstanding chief executive and has overseen a number of innovations in VHI Healthcare, particularly in the development of a comprehensive wellness strategy. Jimmy’s focus has always been on our customers’ healthcare needs, ensuring the long-term financial sustainability of VHI Healthcare and in meeting the challenges facing the organisation in the short, medium and long-term. I would like to wish him all the best in the future and thank him for his significant contribution to VHI Healthcare.”