Lloyd’s exits continue as chief commercial officer departs
Exits from the C-suite at Lloyd’s of London are set to continue with the insurance market today announcing that its chief commercial officer Vincent Vandendael is leaving to join Everest Insurance as chief executive of international insurance.
Vandendael’s resignation follows that of chief executive Inga Beale who is leaving Lloyd’s early next year and chief financial officer John Parry who is also set to leave the corporation after 17 years.
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Vandendael joined Lloyd’s in 2012. His responsibilities include business development and leading Lloyd’s global network which extends to 31 offices that support Lloyd’s licences to operate in over 200 countries.
Beale said: “Vincent has energetically and enthusiastically flown the flag for Lloyd’s in every corner of the globe over the past six years. He will be greatly missed by the market and by everyone here at Lloyd’s. I have very much enjoyed working with Vincent and wish him every success in his new role.”
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Lloyd’s said Vandendael’s leaving date will be confirmed in due course. It has not named a replacement.
Lloyd’s was hit by a £2bn loss for the last financial year after hurricanes and earthquakes caused claims to spike from £2.1bn to £4.5bn.