Lloyd’s Announces Governing Council Election Results

Lloyd’s has released the results of the election of representatives to the Council of Lloyd’s, the 18-member board, which is ultimately responsible for the management and supervision of the market.

Lloyd’s noted: “It consists of six working, six external and six nominated members. The working and external members are elected by Lloyd’s members. The Chairman and Deputy Chairmen of Lloyd’s are elected annually by the Council from among the working members of the Council.” Five new appointments to the Council were made following the Council elections, which closed on Jan. 20.

A ballot of the working members of the Society elected Ewen Gilmour, Chief Executive of Chaucer Syndicates Limited, and Graham White, Chairman of CBS Private Capital Limited, as working members. They replace John Coldman, Chairman of Benfield, and David Shipley, Chief Executive of MAP Capital Limited, whose terms of office expire on 31 January, 2006. The appointments are for a three-year term commencing Feb. 1, 2006. David Foreman, Chief Underwriting Officer at Wellington, also stood in the election.

Following a ballot of external members, AJ SLP09, represented by Peter Morgan, has been re-elected as an individual external member for a three-year term commencing Feb 1 2006.

“Brit UW Limited, represented by Anthony Townsend, and MAP Capital Limited, represented by David Shipley, will serve as corporate external members,” said a Lloyd’s announcement. “They replace Limit (No. 2) Limited, represented by Steven Burns, and Wellington (Five) Limited, represented by Preben Prebensen, whose terms of office expire on 31 January, 2006. These vacancies were not contested so a ballot was not necessary. Brit UW Limited will serve a one-year term and MAP Capital Limited a three-year term, both commencing on 1 February, 2006.

“All new appointments are subject to approval by the Financial Services Authority.”

The Council of Lloyd’s will consist of the following members:
Working Members:
Lord Levene of Portsoken
(Chairman)
Bronek Masojada
Christine Dandridge
Ewen Gilmour
Nigel Hanbury
Graham White

Nominated Members:
Celia Denton CEO of Lloyd’s, TBC
Judith Hanratty
Bill Knight
Philip Lader
Andreas Prindl

Corporate ‘C’ External Members:
Amlin Corporate Member Ltd, represented by Charles Philipps
Brit UW Limited, represented by Anthony Townsend
Liberty Corporate Capital Limited, represented by Sean Dalton
MAP Capital Limited, represented by David Shipley

Individual External Members:
AJ SLP09, represented by Peter Morgan
Sumac Underwriting (UK) Limited, represented by Quentin Davies, MP