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14 March 2023Insurance

Lloyd’s rejigs c-suite in bid to hone focus on Blueprint Two & London Bridge

Lloyd’s will rejig its executive committee, lightening the load for CFO Burkhard Keese to focus on the investment platform London Bridge while upgrading the focus on implementation of the Blueprint Two strategy.

Lloyd’s market transformation director Bob James will take over the chief operation officer responsibilities from CFO Keese, and take the post formally after regulators nod. Lloyd’s calls it a broadened role that “reflects Lloyd’s commitment to aligning Blueprint Two delivery with wider corporation operations.”

Burkhard Keese will continue as Lloyd’s Chief Financial Officer, but increasingly hone his focus to growing the Lloyd’s Investment Platform and risk transformation vehicle London Bridge to attract new capital providers.

Newcomer deputy CFO Alex Cliff will also take a seat on the Lloyd’s Executive Committee, while retaining his role under Keese. Cliff joined Lloyd’s in November 2022 after twenty years across such names as Direct Line Group, StarStone and AJ Gallagher.

Lloyd’s CEO John Neal commented: “As a result of Bob’s strong leadership, the Blueprint Two programme is making steady progress in our drive towards market digitalisation, enabling him to now extend his remit to Lloyd’s operations function. I am grateful for Burkhard’s support in leading Operations over the past 14 months, and am equally delighted that Deputy CFO Alex Cliff will bring her insight and experience to Lloyd’s Executive Committee.”

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