If you’re going to lose a big industry name, then you better be able to find another one. That is what the London Market Group (LMG) has done with its board – replacing one CEO with another.
As Paul Greensmith, who until recently who UK CEO at AXA XL, heads for pastures new, he is replaced by Richard Harries (pictured). Harries is the CEO for Atrium.
According to the LMG’s chair Matthew Moore, the move comes at a vital time for the industry body as it looks to support the sector amid the COVID-19 pandemic.
“We are delighted to welcome Richard on to the board,” he said. “This is an extraordinary time for us all, and we are keenly aware that re/insurance has a key role to play in supporting the wider business community around the world. The counsel we get from our board members in deciding how the LMG can support all its stakeholders is vital and valued. I would also like to take this opportunity to thank Paul Greensmith for his time and input in the last several years.”
