Admiral Group Plc has announced the departure of its non-executive chair from the board of Jardine Lloyd Thompson Group Plc (JLT).
Annette Court, who became a JLT non-executive director in August 2012, stepped down yesterday (April 02). The move comes a day after Marsh & McLennan Companies (MMC) completed its swoop for the British brokerage.
At JLT, the former RBS Insurance chief executive served as a member of the audit & risk, remuneration, and nominations committees. In 2017 Court was appointed as senior independent director.
Meanwhile the now MMC-owned enterprise is no longer listed on the main market for listed securities of the London Stock Exchange.
MMC president and CEO Dan Glaser previously described the merger as “a combination of strength and strength,” with overall growth – not only in terms of capabilities and workforce but revenue and earnings as well – as the primary focus.
