Lloyd’s has announced the appointment of Des Potter as special advisor to Lloyd’s CFO and COO Burkhard Keese. Potter (pictured above) will focus on enhancing Lloyd’s capital framework and the instruments available to investors to support underwriting at Lloyd’s.
Prior to joining Lloyd’s, Potter spent 10 years at Guy Carpenter, serving as both managing director of GC Securities and CEO of investment advisory firm MMC Securities. Potter was also a member of the London Market Group’s ILS task force, which worked on the development of the UK Risk Transformation legislation. He previously held senior management positions at Aon Benfield Securities and Benfield Advisory. Potter spent the early part of his career in the corporate and investment banking divisions at Barclays Bank.
In his new role, Potter will focus on making it easier for investors to access Lloyd’s, including through the risk transformation vehicle London Bridge Risk, which was sponsored by Lloyd’s as part of its “Future at Lloyd’s” initiative.
“I am delighted that Des joins us to strengthen our position as a credible option for institutional investors,” Keese said. “Des has a wealth of experience in the capital markets and brings extensive knowledge of transforming reinsurance risk to securities. This appointment emphasises Lloyd’s focus on making our market accessible to investors to support syndicates at Lloyd’s.”
“I have always been a strong advocate of the underwriting capability in the Lloyd’s market and its leadership in so many classes of business,” Potter said. “This new role provides an exciting opportunity for me to contribute to enhancing access to the capital markets, to support this underwriting, and improving the experience for investors.”