I am writing to you today to let you know that I will be stepping down next year after five years as CEO of Lloyd’s.
The decision to leave has been a tough one and when the time comes I will miss the energy, innovative spirit and expertise that I come across in the Lloyd’s market every working day.
Leading Lloyd’s has been a tremendous honour and I am proud to have played my part in ensuring that it remains relevant and fit for purpose for the future. I thank you all for your own efforts in this regard, as well as your help and support over the years.
The search for my successor is underway and I will be here until they are appointed. The Lloyd’s leadership team remains focused on our strategic priorities, including closing the performance gap, embedding the Target Operating Model (TOM), establishing Lloyd’s Brussels subsidiary and launching the Lloyd’s Lab.
Lloyd’s has an enviable reputation as one of the most respected and trusted global insurance brands. Our customers all around the world trust us to be there when it matters most. I hope you are all as proud as I am of what we have achieved together so far. With its strong and experienced leadership team, I believe Lloyd’s remains extremely well placed to meet the challenges and opportunities that lie ahead.