UK-based RSA's CFO and director George Culmer has resigned from his post to join Lloyds Banking Group as group finance director.
Culmer has been at RSA since 2004 and his leaving date has not been decided yet.
Lloyds Banking Group’s current group finance director is Tim Tookey, who will leave early in 2012 to join Friends Life.
RSA CEO Simon Lee said 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.
Culmer said 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. However, the role at Lloyds was one that I could not turn down and I wish Simon and my RSA colleagues continued success.