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Jon Hancock, Lloyd’s of London’s performance management director since 2016, has decided to step down this year, according to a statement released by Lloyd’s Tuesday.
No departure date has been set and the search for Mr. Hancock’s successor has begun, a spokesman said in an email.
Mr. Hancock led modernization efforts that were key to producing a future strategy for the Lloyd’s market unveiled in April last year.
“As I enter my fourth year at Lloyd’s it feels like the right time to pass on the baton and explore new opportunities,” Mr. Hancock said in the statement.
In other executive changes, Julia Tyson has been appointed chief human resources officer, effective immediately, Lloyd’s said in the statement.
Ms. Tyson will be a member of the executive committee and replaces Annette Andrews, who stepped down in September, Lloyd’s said.
Ms. Tyson was HR and communications director at the U.K.-based Liverpool Victoria group of companies from 2013 to 2017 and, prior to that, group human resources director at Wates Group Ltd.
She joins Lloyd’s at “a crucial time as we continue the work to develop an inclusive and innovative culture,” according to the statement.
Jo Scott, current head of brand, marketing and communications, has been promoted to chief marketing and communications officer and a member of the executive committee, Lloyd’s said.