29 May 2014 Insurance

Howden CEO Bennett retires

John Bennett, formerly chief executive officer (CEO) of the combined London operations of Howden and Windsor, has decided to retire from his full time role with Howden after more than 30 years in the industry.

He will become a non-executive director of the main Howden boards and will act as chairman until the search for a permanent holder is complete.

Bennett oversaw the sale of Windsor Limited to Howden’s parent company Hyperion in 2012, having led the business on its journey to becoming one of the largest independent brokers in the London market.

Having joined Hyperion he became CEO of the combined Lloyd’s broking business as the Howden and Windsor operations were brought together. More recently he has focused on developing the capabilities of the London market business, as Howden has expanded with the addition of new teams and services.

Adrian Colosso, CEO of Howden Broking Group, said: “I am delighted that John has agreed to stay with us as a non-executive director and to chair the boards on an interim basis, allowing us to retain the significant benefits of his long history with the Group and experience in the market. He will continue to help us develop our capabilities and expand our offering as we keep pace with emerging client needs.”

Bennett said: “This new role with Howden will allow me to take a step back after 30 years in the market, but to continue to be involved in the Group’s strategic direction as we expand and develop, and I am very pleased to remain a part of that journey.”

David Howden, CEO of Hyperion Insurance Group, added: “I have known John for most of my career and we spent many hours putting the deal together to bring Windsor to the Group after a long desire to do so. It is very important to me that we keep his market knowledge and guidance as we look to the future.”

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