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Citybond Holdings Ltd. appoint new Chairman

United Kingdom, London, 4th August 2014 – Citybond Holdings Ltd.

Citybond has appointed Hugh Watchorn as Non-Executive Chairman of the company to replace Ian Reynolds, who sadly passed away last year.

Hugh has been the Group Finance Director of Bonhams for almost 13 years. Bonhams, based in central London, is one of the world’s oldest and largest auctioneers of fine arts and antiques.

Said Citybond MD, Mansukh Ganatra: ‘I am delighted with Hugh’s appointment to our Board as Chairman. His City experience and insight will be invaluable to us. Hugh will bring greater impetus and strength to our Corporate Governance and development in general and we are all so much looking forward to working with him.’

Said Hugh Watchorn: ‘Having met all the Citybond Directors and staff, I am very impressed by their enthusiasm for innovation and very much share their ethos of customer service and quality. I am excited about playing an important role at Citybond.’

Citybond is a leading travel insurance specialist in the UK and has been providing innovative sales solutions online and in house for over 30 years as well as offering a diverse range of policies to suit specific customer needs. With a turnover in excess of £21m and 1.2 million customers, satisfaction and value for money are at the heart of its culture.

Press Contact:
Sheena Ganatra
Citybond Holdings Ltd.

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