JLT Re CEO steps down
Mike Reynolds, CEO of JLT Re has stepped down from his position.
Reynolds was appointed global CEO, JLT Re in September 2014.
The company has not explained the circumstances of Reynolds’ departure, but the move comes as Ross Howard, chairman of JLT Re, has been appointed vice chairman of Guy Carpenter.
Guy Carpenter is a wholly owned subsidiary of Marsh & McLennan Companies which is in the process of acquiring re/insurance broker Jardine Lloyd Thompson Group (JLT) for $6.4 billion.
Dominic Burke, CEO of JLT, said: “On behalf of everyone at JLT, I should like to thank Mike for the enormous contribution he has made as CEO of JLT Re, and wish him the very best for the future.”
Reynolds joined JLT in November 2012 as group finance director. He has worked in a number of senior finance roles in the insurance industry including as chief financial officer (CFO) of ACE European Group Limited and Aon Benfield.
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