It was last September when centuries-old Lloyd’s of London announced a series of signature actions aimed at driving cultural change in response to the shocking results of a market-wide culture survey. At the time, the insurance marketplace said an independent advisory group would be formed; now we’re about to meet the experts who will ensure that Lloyd’s is taking the right actions on this front.
A report by Sky News said the line-up of the newly created culture advisory group will be unveiled today (February 11) and that it will include Salesforce UK and Ireland chief executive Dame Jayne-Anne Gadhia, the ex-CEO of Virgin Money who was appointed as the Women in Finance Champion of the British government in 2016.
According to the news network, the advisory group will also be joined by Mental Health UK boss Brian Dow as well as John Amaechi OBE, founder and CEO of change agent APS. GoodCorporation director Debbie Ramsay was also cited as an inaugural member of the group, which will be chaired by Lloyd’s non-executive director Fiona Luck.
“The vast majority of people working at Lloyd’s are as committed as I am to taking the action we need to drive measurable results,” stated chief executive John Neal more than four months ago. “Creating an inclusive marketplace is a priority for Lloyd’s and crucial to our long-term success.”
Back then the CEO conceded that cultural change takes time but pointed to the need to accelerate progress. “I am determined that we create a working environment at Lloyd’s where everyone feels safe, valued, and respected,” he said.