(Bloomberg) -- Lloyd’s of London named Bruce Carnegie-Brown to succeed John Nelson as chairman of the insurance market founded in a coffee house in 1688.
Carnegie-Brown, who is also chairman of Moneysupermarket.com Group Plc and vice chairman of Banco Santander SA, will take up the position in June, subject to regulatory approval, Lloyd’s of London said in a statement on Monday.
“I am looking forward to working with Bruce,” Chief Executive Officer Inga Beale said in the statement. His experience across insurance and banking “will offer Lloyd’s a unique perspective on how we conduct our business and succeed in today’s marketplace.”
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Carnegie-Brown, who has more than 35 years of experience in financial services including at Marsh Europe, Aon UK Ltd and Catlin Group Plc, takes up the post at a time when Lloyd’s of London is deciding where it wants to open a European headquarters after the government indicated Britain won’t remain part of the EU’s single market.
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