Caroline Foulger has been appointed as a non-executive director at Oakley Capital Investments Ltd.

Oakley, which is listed on London’s Alternative Investment Market and based in Bermuda, invests in Oakley’s private-equity funds.

Ms Foulger was previously a partner and insurance leader at professional-services firm PwC Bermuda and also led the firm’s Bermuda Government and public-sector practices.

She serves as a non-executive director and Audit Committee chairwoman on the board of insurer and reinsurer Hiscox Ltd, and as a non-executive director and Governance Committee chairwoman of Butterfield Group.

Ms Foulger is also a non-executive director and Audit Committee chairwoman of Catalina Holdings and a non-executive director of the Bermuda Business Development Agency.

She is a chartered accountant and is a member of the Institute of Chartered Professional Accountants of Bermuda and a fellow of the Institute of Chartered Accountants in England and Wales.

Christopher Wetherhill, chairman of Oakley, said: “I am delighted that Caroline has agreed to join the board of Oakley Capital Investments Ltd.

“Her credentials are outstanding and she has a great deal of experience as a non-executive director. We are looking forward to working with her.”