CPP has appointed an interim deputy chief executive as part of its restructuring.

Brent Escott will start in the role on June 17 and will report to outgoing chief executive Paul Stobart.

Mr Escott was managing director of the general insurance division at Capita plc where he oversaw the commercial insurance business and in addition, operations in Netherlands, Denmark and France.

He has more than 20 years' experience in the insurance industry, most recently in a number of interim management consultancy roles and has previously held senior management roles at Brit Insurance Holdings plc and was founder and managing director of Club Direct Insurance Services Limited.

He said: "This is a hugely important time to be joining the group and I look forward to working alongside Paul to reposition the business whilst realising the opportunities that have the potential to deliver growth in the future."

Mr Stobart said: "Brent's appointment strongly supports our priority to reposition the business for the next phase of its development.

"His expertise, together with his wealth of experience in insurance and operations, will be instrumental as we complete the work at hand to ensure CPP is set on a firm footing for the future."