Lloyd’s announced the appointment of Charles Franks as a non-executive director on the Lloyd’s Franchise Board. The Board, which was established in 2003, is responsible for the day-to-day management of the Lloyd’s market.
Franks is Chief Executive of Kiln Group Ltd and brings nearly 30 years of insurance expertise to the role. He replaces David Shipley who has completed nine years of service on Lloyd’s Franchise Board and Council.
Lloyd’s Chairman John Nelson welcomed Franks to the Board, describing him as “a widely respected senior market Chief Executive and brings a wealth of experience to the table.”
He also thanked Shipley “for his tremendous contribution to the Council and Franchise Board. He has helped shape the success of Lloyd’s today.”
Franks indicated he is pleased at joining the Franchise Board “during what is both a challenging and fascinating time for our industry,” and that he is looking forward to “the opportunity to working with such esteemed professionals in the market.”
Source: Lloyd’s of London
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