Lloyd's appoints former French bank governor Noyer to Council, Brussels board

Specialist re/insurance market Lloyd's has appointed former French central bank governor Christian Noyer as non-executive director of Lloyd’s Council, and independent non-executive director of the  Lloyd’s Brussels board.

Noyer has been honorary governor of the Bank of France since 2015 following a ten-year period as a governor. He is also a member of the French Fiscal Council, and advisor to the French government on issues related to Brexit.

Noyer has held several high-profile positions including vice-president of the European Central Bank, from when the institution was set up in 1998 to 2002, and president of the Bank for International Settlements between 2010 and 2015. He worked for the French Treasury for over 20 years and was appointed director of the Treasury in 1993.

Lloyd's is establishing its EU subsidiary in Brussels to be able to write non-life risks from the European Economic Area (EEA) after the UK leaves the EU. Lloyd’s Brussels will start writing business from Jan. 1, 2019.

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