UIL Limited announced Dr. Roger Urwin and Mr. Graham Cole have both retired from the boards of UIL Limited and UIL Finance Limited at the respective annual general meetings held earlier 16 November 2015.  Mr. Peter Burrows has been elected as chairman of both UIL and UIL Finance with immediate effect. UIL Limited and UIL Finance are announce that Alison Hill, Christopher Samuel and David Shillson have all been appointed as independent Non-Executive Directors of both companies with effect from 16 November 2015.  Ms. Hill is an executive director and chief executive officer of The Argus Group in Bermuda. Ms. Hill has over 25 years' experience in global corporations in the financial services sector. Mr. Samuel was chief executive officer of Ignis Asset Management until mid-2014.

Mr. Shillson is an experienced corporate and commercial lawyer and a senior partner of Kensington Swan, a New Zealand law firm.