- Insurance investor Randall & Quilter said it had appointed former KPMG partner Mike Walker to the newly-created role of chief restructuring officer.

The role would involve Walker being responsible for optimising the structures of the company's acquired discontinued business assets.

'The new position comes at a time when Randall & Quilter is enjoying success in executing on its strategy of acquiring larger legacy insurance portfolios where there are opportunities for releasing excess capital,' the company said.

At 1:32pm: [LON:RQIH] Randall Quilter Investment Holdings PLC share price was +14p at 200p

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