Re/insurance broker Jardine Lloyd Thompson Group (JLT
) has named former Aon
chairman Bruce Carnegie-Brown as non-executive director to replace the retiring Richard Harvey.
Carnegie-Brown will assume his new role in the JLT
board on May 1 and will take over as chairman of the remuneration committee in the coming months, following a period of handover from Harvey.
Harvey will be retiring from his post at the end of December 2016, in order to return to New Zealand. He has been a non-executive director since December 2009 and chairman of the remuneration committee since April 2012.
Harvey’s successor Carnegie-Brown brings many years of experience as both an executive and non-executive director, in a range of sectors including insurance and financial services.
Carnegie-Brown started his career at Bank of America and later joined JP Morgan Chase where he spent 18 years in a number of senior leadership roles including managing director at the UK Investment Banking Group, chairman at JP Morgan Securities Asia Ltd in Tokyo, and head of European and Asian Debt Capital Markets.
He then worked at Marsh
for three years as CEO in the UK and of the EMEA business.
“I am delighted to welcome Bruce to the Board and know that his broad skills and extensive experience, gained over many years in insurance, banking and private equity, will be a real asset to JLT
in the coming years,” said JLT
chairman Geoffrey Howe.
Besides Carnegie-Brown, two other executives will also assume new roles at JLT
in May 1. US specialty business CEO Michael Rice and group CEO special adviser William Nabarro will both join the group executive committee.
also announced that group commercial director James Twining’s has left the company after holding the position for six years and being a member of the board since August 2012.