Martello Re Limited has appointed Eric Lloyd to the company’s Board of Directors, effective immediately.
Lloyd replaces Michael Baumstein, who recently stepped down from the Board to join Martello Re full-time as Chief Investment Officer and Chief Financial Officer.
Lloyd holds over three decades of financial services experience and currently serves as President of Barings, where he leads a diverse set of organisations, spanning cross-asset investment, sales and marketing, business and product development, and research.
Before joining Barings in 2013, he served as Head of Market and Institutional Risk for Wells Fargo, and was on the company’s Management Committee whilst also being a member of the Board of Directors of Wells Fargo Securities.
Lloyd has also previously worked in Wachovia’s Global Markets Investment Banking division and served on the division’s Operating Committee, where he held various leadership positions, including Head of Wachovia’s Global Leveraged Finance Group.
Commenting on the appointment, Chair of Martello Re’s Board of Directors, Ellen Conlin, said, “I am delighted to have an executive of Eric’s caliber join our Board.
“In his role at Barings, he was instrumental in the successful launch of Martello Re and we are fortunate to be able to continue benefiting from his experience and expertise as we move into our next phase of growth.”
Lloyd himself added, “I am honored to join Martello Re’s Board of Directors. It has been exciting to watch the growth at Martello Re and I look forward to working closely with Ellen and our other Directors to support the continued execution of our long-term strategy.”
