Lloyd’s appoints David Sansom as chief risk officer; Annette Andrews, chief people officer leaves the market

David Sansom has been appointed chief risk officer at Lloyd’s, as the market also confirmed the departure of Annette Andrews, its chief people officer.

Sansom’s appointment, which is subject to regulatory approval, will see him take responsibility for all areas of risk management across the corporation as well as oversight for market-level risks. He will also manage the relationship with regulators globally.

Prior to his new role, Sansom was director of Financial Services Risk at EY, before being seconded to Lloyd’s as Interim CRO in October 2018. He has also held posts at the FSA and HM Treasury, and led a range of risk and regulatory engagements for EY.

He said: “I have very much enjoyed my time at Lloyd’s and I am delighted to be taking up the CRO role on a permanent basis. This is an exciting time for Lloyd’s and I look forward to working with the corporation and the market to develop the risk agenda as part of the Future at Lloyd’s.”

The market also announced that Annette Andrews, CPO would be leaving at the end of the year. Andrews joined Lloyd’s in January 2015 and, as well as leading the talent strategy for the corporation as a member of the executive committee, she drove market-wide initiatives including Inclusion@Lloyd’s and the annual Dive In Festival.

Andrews said: “Working with the corporation has been a fantastic experience, and I have been privileged to work closely with the Lloyd’s market and wider sector. Together we have made considerable progress. After five years, I have decided that, both professionally and personally, I am ready for a new challenge. I remain committed to Lloyd’s and to ensuring a smooth transition to my successor.”

CEO John Neal said: “Over the past 11 months, David has added real value to Lloyd’s risk thinking and framework and I am delighted to confirm him his appointment as our CRO.

“I am very grateful to Annette for the support she has given to Lloyd’s over the past five years, and to me personally over the past year. She leaves with our sincere thanks and best wishes for the future.”

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