Seamus Creedon has been named as interim chair at insurance company LV=.

Creedon joined LV= as a non-executive director in January 2020. He is a former chief executive officer of Lifetime, Bank of Ireland’s life assurance company, and was previously a partner at KPMG in London.

Creedon will take over from Alan Cook on 1 April.

Members of LV= voted to reject a takeover by Bain Capital late last year.

Creedon said: “My task as interim chairman is to replace valued colleagues with a new chair and directors who will continue to develop LV= as a modern mutual insurer. I will be working closely with [CEO] Mark Hartigan who has been doing an excellent job in strengthening the performance of the business.”