Percy takes over from Gilchrist at Kiln helm

DAVID Gilchrist, a highly respected figure in the Lloyd’s market and chief executive and chairman of Kiln, has administered his last duties as chairman and announced his retirement at the company’s annual general meeting. Mr Gilchrist retired following 35 years with Kiln. He was well known as a leading non-marine underwriter. He is succeeded by Ian Percy. Prof Percy was previously a member of the co-ordinating committee of the UK Treasury and Department of Trade & Industry established to consider the implications of Enron on accounting and auditing.