Lloyd’s new chairman

Europe

The former Lord Mayor of London, Lord Levene of Portsoken, has been named the next Chairman of the Lloyd’s of London insurance market. He succeeds Sax Riley who retires at the end of the year. Currently, vice chairman of Deutsche Bank London, Lord Levene is the first Lloyd’s chairman to come from outside the insurance industry. He committed himself to carry on with the programme to make Lloyd’s more transparent and profitable.