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| ALM Board |
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ALM Board Directors
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Peter Morgan, MA (Cantab), MBE.
Chairman
Peter
worked with IBM for 30 years and was a director of IBM Europe and IBM UK. He
was Director General of the Institute of Directors from 1989-1994 since when he
has had a portfolio of non executive directorships. He was a director and chairman
of NPI (mutual life insurance) from 1990-1999. He is a UK delegate to the
European Economic and Social Committee based in Brussels. He began underwriting at Lloyd’s in 1987 and was elected to the board of
the ALM in 1997. He was a member of the Council of Lloyd’s from 2000 to 2009
and served on the NACC and the Chairman’s Strategy Group. He has been Chairman
of the ALM since 2010.
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Sir Adam Ridley, BA (Oxon)
Deputy Chairman
Adam was
a member of the Government Economic Service in the Department of Economic
Affairs, Treasury, and Central Policy Review Staff from 1965 to 1974 when he
was appointed Economic Adviser to the Conservative Party. He was Director of
the Conservative Research Department in 1979, and a special adviser to Sir
Geoffrey Howe and Nigel Lawson at The Treasury until 1985. He was an executive
Director of Hambros Bank and PLC from 1985 to 1997, and Director General of the
London Investment Banking Association (LIBA), 2000-05, and is a non-executive
director of Morgan Stanley Europe.
He started underwriting at Lloyd’s in 1977, and was elected to the Board
of the ALM in 1989. He was a Member of the Council of Lloyd’s from 1997 to 1999
and served on the NACC and Lloyd’s Regulatory Board and Prudential Supervision
Committee and chaired the R&R Names’ Committee in 1995-96. He has been
Chairman of Equitas Trustees since 1996, and is a non-executive director of
Hampden Agencies Ltd.
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Professor Tim Congdon, BA (Oxon), CBE
Tim
founded Lombard Street Research in 1989 and was its managing director and
then chief economist. He was a member of the Treasury Panel of Independent
Forecasters (the so-called “wise men”) between 1992 and 1997. He has been a
visiting professor at the Cardiff Business School and the City University
Business School (now the Cass Business School). He is chief executive of
International Monetary Research Ltd.
He has
been underwriting at Lloyd’s since 1991. He was a member of Lloyd’s
Prudential Supervision Committee between 2001 and 2003. He acted as an
adviser to the Investment Committee of Equitas (the Lloyd’s reinsurance
vehicle) between 2000 and 2005. He joined the board of the ALM in 2003.
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Michael Deeny MA (Oxon) FCA
Lloyd's Council Member
Michael
has spent most of his career in the music business, initially managing singers
and bands, and then moving into concert promotion in France, staging shows by
such artists as U2,
Bruce Springsteen, Nirvana and Luciano Pavarotti.
He
started underwriting at Lloyd’s in 1986. In 1993 he became Chairman of the
Gooda Walker Action Group which obtained in 1994 the largest judgment in
English legal history. He was Chairman of the Litigating Names’ Committee and
was a key negotiator for the Names in the Lloyd’s Settlement of 1996.
He has been the Deputy Chairman of the Equitas Trust since its creation and a
non-executive Director of Equitas. He was a member of the Council of
Lloyd’s from 1996 to 1997 and was elected to the Council again in 2009.
He was Chairman of the ALM from 1998 to 2009.
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Nigel Hanbury
Nigel joined Lloyd's in 1978, and underwrites through
three NameCos and an LLP, in which vehicle he has
been joined by his son and daughter, and also as an unlimited liability Name.
Nigel worked in the Lloyd's community both as a broker and members' agent from
1983, and was Chairman of Hampden Private Capital until 2009. As a working
member, he was twice elected to the Council of Lloyd's, serving from 1999-2001
and from 2005-2007. He served on various Lloyd's-related Boards, committees and
working parties. He has served on the ALM board since 1998. He is a founder
member of the High Premium Group and was appointed a member of its Committee in
2009. Nigel has recently become a Director of HIPCC (Guernsey)Ltd,
a Guernsey-based protected cell company offering reinsurance products to
investors at Lloyd's. He is also Chairman of its holding company which he
jointly owns with Hampden Capital Plc."
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Marcus Johnson, BA (Oxon)
Marcus is an investment specialist, whose career
has been spent at the interface between the insurance industry and the
financial markets. He is currently Chief Executive of NW Brown Group. He
started his career at Hoare Govett and subsequently worked inter alia for
Credit Agricole Asset Management as Managing Director, and was a director of
Meridian Performance Services until 2011.
Marcus joined Lloyd’s as a Name in 1983, and both
he and his wife now underwrite at Lloyd’s individually and via NameCos. He
joined the ALM board in 2000.
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Paul Kelly, MA (Cantab), DPhil (Oxon)
ALM Treasurer
Paul was a partner in stockbrokers, L Messel &
Co. Soon after the firm was taken over by Lehman he moved to Citibank,
where he focussed exclusively on the insurance sector, initially as a
stockbroker and later as a commercial banker. He was later corporate
finance director of Fox-Pitt Kelton.
He became a member of Lloyd’s in 1987. He was a
director of Navigators Underwriting Agency from 1993 – 2009. He became a
director of the ALM in 1997. He was a member of the Council of Lloyd’s from
1998-2004, and was a member of the Regulatory Board and the Prudential
Supervision Committee. He has been ALM honorary treasurer and advisor on
regulatory affairs since 2001.
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James Kininmonth
James
came to Lloyd's after he left the Army in 1979, starting at
Sedgwick Forbes Reinsurance Brokers. Today, he is the Managing Director of the Underwriting Management and Distribution
Division of Cooper Gay, the largest privately owned Lloyd's broker and the
largest independent wholesale broker in the world. James specialises in
designing and placing binding authorities with Lloyd’s syndicates for managing
general agencies worldwide. He
has been writing as an unlimited name since 1983 and joined the ALM
Board in 2009.
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Alan Lovell, MA (Oxon), FCA
Lloyd's Council Member
Alan
has been Chief Executive of five companies, four of which, including Costain
and Jarvis, were in need of rescue and turnaround; the fifth and most recent
was the UK’s second largest producer of renewable energy and , having retired
from that in 2009, most of his current portfolio is in the green energy
sector. Additionally he is Chief Advisor – Restructuring Practice - at PwC. He was
High Sheriff of Hampshire for 2010/11.
He
became a member of Lloyd’s in 1985, has been on the Board of the ALM since
2006 and an elected member of Lloyd’s Council since 2007 where he serves on
the NACC. He is a founder shareholder and non-executive Director of Alpha
Insurance Analysts.
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David Monksfield BSc (Hons)
David has
worked in the Lloyd's community since 1981 as both a members’
and managing agent following a period in industry. He is currently an Executive
Director and Head of Client Management at Argenta Private Capital Ltd.
He became
a member of Lloyd's in 1982 and underwrites through an LLP. David joined the
ALM Board in 2009.
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Sir Harry Studholme Bt., DL, MA (Cantab), ACA, CTA
Harry manages a family farming, forestry and property business near
Exeter, and he is also Chairman of the South West Regional Development Agency, a
GB Forestry Commissioner, and a director of the Phaunos Timber Fund.
He has been a name since 1986. He was chairman of a Mutual Stop Loss
company for Lloyd’s Names, Integer, from 2001 – 2009, when it was liquidated. He
joined the ALM board in 2009.
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Chief Executive & Company Secretary
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Anthony Young, FCA, BA (Oxon)
Chief Executive
Anthony
qualified as a chartered accountant with Price Waterhouse before moving to the
Corporate Finance Department of Morgan Grenfell. He later became the
Managing Director of CI de Rougement, a managing and members agent at
Lloyd’s. He joined the ALM as the Chief Executive in 2000. He was a
Name from 1979 to 1996 and rejoined when LLPs were introduced, for the 2007
account.
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Registered in England
No. 1698399
VAT registration number
429 6213 47
100 Fenchurch Street
London EC3M 5LG |
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