Caroline Ramsay

Caroline Ramsay gained a master’s degree in natural sciences in 1984 at Cambridge. She started her professional career at KPMG in Ipswich and London, where she qualified as a chartered accountant in 1987. During her long career, Caroline gained substantial experience in finance and audit at large insurance companies. In addition to her strong financial background, Caroline acquired extensive managerial expertise in executive roles at Norwich Union plc (now Aviva plc) and RSA.

Caroline holds various non-executive board positions. In 2013, she joined the board of Scottish Equitable, and as of 2017 also the boards of Aegon UK plc and Cofunds Ltd., where she served as the audit committee chair until May 2020. Caroline was appointed to Aegon’s supervisory board in May 2020 and her current term ends in 2028. She served as Chair of the audit committee and as a member of the risk committee until August 2023 and is currently chair of the Risk Committee and a member of the audit committee.

Caroline is a senior independent director of the board of Brit Syndicates Ltd (not-listed), a member of the board of directors of Ardonagh Specialty Holdings Ltd. (non-listed), and a member of the board of directors of Tesco Underwriting Ltd. (non-listed), Tesco Personal Finance Ltd (non listed), and Tesco Personal Finance Group Ltd (non listed). Caroline is a member of the FCA Regulatory Decisions Committee and member of the Payment Systems Regulator’s Enforcement Decisions Committee. Caroline is a former member of the board of directors of Aberdeen UK Smaller Companies Growth Trust plc.