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Lloyd’s recruits Allianz, QBE execs for key roles

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Lloyd’s has appointed Allianz executive Burkhard Keese as CFO and has named former QBE North America head David Duclos to an advisory role supporting international development.

Mr Keese has been CFO of the Allianz business in Germany since 2012 and was previously EVP and COO of the group’s global finance function.

“He is an accomplished CFO with leadership experience across financial, capital and investment management, as well as proven expertise in business transformation,” Lloyd’s CEO John Neal said.

Mr Keese takes over from John Parry, who announced last year he would leave the market after 17 years. It marks another change at the top, with former QBE Group CEO Mr Neal replacing Inga Beale last October.

Mr Duclos, who has four decades of international experience, becomes Non-Executive Chairman of Lloyd’s Global Network, starting immediately.

He was QBE North America CEO from 2013-16 and CEO of XL Group’s global insurance operations from 2008-11.

“He brings with him an incredible wealth of knowledge and insight, which will be of huge value in the months ahead as we put in place a new geographical focus, concentrating on the developed markets that have the greatest potential for future growth,” Mr Neal said.

“We’ll be looking at new opportunities in the US, in Europe through Lloyd’s Brussels, together with those emerging markets where we are likely to see the best return on our investment.”