Bruce Carnegie-Brown has formally begun his position as the Chairman of the Lloyd’s of London specialist insurance and reinsurance market today.
Carnegie-Brown takes over from the outgoing John Nelson who has retired from the position.
Carnegie-Brown commented on the appointment; “I am very excited to get started. In the months since my appointment was announced, I have been meeting with people in the Market to hear from them about the challenges they face and what we as a Corporation can do.
“It is also clear that there is a lot to be positive about. The excellence and expertise that exist in this market mean that, alongside the challenges, we also have many opportunities which I look forward to helping to develop in the months and years to come.”
Carnegie-Brown was the Chairman of Moneysupermarket.com Group and vice-Chairman of Banco Santander. He has more than 35 years of experience in the financial services industry, which includes being Chief Executive Officer (CEO) for Marsh Europe from 2003 to 2006.
During his career he also served as Non-Executive Chairman of Aon UK Ltd. from 2012 to 2015, and served as a Senior Independent Non-Executive Director at Catlin Group from 2010 to 2014.
In taking on the role at Lloyd’s he has stepped down from his role as a Non-Executive Director of JLT Group plc.
He has previously spent 18 years working for J.P. Morgan across a number of senior roles, ran 3i Group plc’s Quoted Private Equity Division from 2007, and also acted as a Senior Independent Director at Close Brothers Group plc.