Lloyd’s appointed David Duclos, a veteran executive of QBE North America and XL Group, to be the new non-executive chairman of the Lloyd’s Global Network.

In this role, Duclos is charged with playing a key advisory role in the development of Lloyd’s international network.

Duclos will take up the position at Lloyd’s immediately. He has extensive international industry experience spanning four decades across a number of executive roles, including CEO of QBE North America (2013-2016) and chief executive of XL Group’s global insurance operations (2008-2011). Duclos’ non-executive director appointment further bolsters Lloyd’s leadership team following the appointment of CFO Burkhard Keese.

John Neal, Chief Executive Officer of Lloyd’s, said Duclos will be valuable as Lloyd’s puts “in place a new geographical focus, concentrating on the developed markets that have the greatest potential for future growth.”

Those areas of focus for Lloyd’s will be in the U.S., the European Union (via Lloyd’s Brussels) and in emerging markets “where we are likely to see the best return on our investment,” Neal said.

Source: Lloyd’s