LONDON (Alliance News) - Hastings Group Holdings PLC on Tuesday said Non-Executive Director Ian Cormack will step down at its May 23 annual general meeting.
Cormack, who joined in September 2015, is unable to ensure he can give sufficient time to the role due to other commitments, said insurer Hastings.
The company does not intend to seek a replacement for Cormack.
Chair Gary Hoffman said: "I would like to thank Ian for his contribution to the board in his time with us and to wish him all the very best for the future."
Shares were 0.5% higher on Tuesday at a price of 210.00 pence each.