Conduit Re Names Eckert as CEO

May 14, 2025

CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief executive officer.

Eckert has been acting as Conduit’s interim CEO since late March 2025, following the retirement of Trevor Carvey. Before assuming the role of interim CEO in March, Eckert, Conduit’s founder (along with Carvey), had held the position of executive chairman.

In a separate appointment, Rebecca Shelley, senior independent director, has been named non-executive chair on an interim basis, while the board commences a search for a permanent chair. In addition, Ken Randall becomes senior independent director.

“The board is pleased to announce the appointment of Neil as permanent CEO of Conduit. As a founder of Conduit, Neil has been deeply committed to Conduit since its inception,” commented Shelley.

“After conducting a search process, the board believes that Neil’s wealth of experience, strong leadership and intimate knowledge of the business and team make him the right leader to guide Conduit through its next phase of growth and maturity,” she added. “We are confident that Neil and the executive team will deliver on Conduit’s objectives to generate value for shareholders.”

“I am delighted and honoured to accept the CEO role on a permanent basis and I look forward to continuing
to work with the strong team at Conduit Re to deliver value to our investors, and to navigate through the
inevitable challenges and opportunities that will come to Conduit Re in the years ahead,” according to Eckert.

Eckert’s appointment is subject to Bermuda immigration approval.