JLT Jardine Lloyd

TIDMJLT

RNS Number : 5562D

Jardine Lloyd Thompson Group PLC

30 January 2015

Press Release

Jardine Lloyd Thompson Announces Senior Management Appointments

30(th) January 2015 London: Jardine Lloyd Thompson Group plc ("JLT") one of the world's leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is today announcing several senior management appointments within its UK Employee Benefits business and JLT Asia. These appointments are subject to obtaining the appropriate regulatory approvals, where required.

Mark Wood is retiring from his role as the CEO of JLT's UK Employee Benefits business and will be leaving the Group at the end of May 2015.

Duncan Howorth is returning to the UK after two successful years as CEO of JLT Asia to take up the position of CEO of JLT's UK Employee Benefits business, effective from 1(st) June 2015. Duncan will continue in his role as the International Chairman of Employee Benefits.

Dominic Samengo-Turner is appointed CEO of JLT Asia, with effect from 1(st) May 2015. Dominic has previously spent over 20 years at Willis, most recently as Co-Chief Executive of Global Specialities and a Director of Willis Limited.

Ian Robinson, currently the COO of JLT Asia, is returning to the UK to take up the position of COO of Thistle Insurance Services Limited, with effect from 1(st) July 2015.

Warren Downey, currently CEO of JLT Specialty's Regional Risk Practice and Trading Division, is appointed Deputy CEO and COO of JLT Asia, with effect from 1(st) May 2015 and 1(st) July 2015 respectively.

Commenting on these appointments, Dominic Burke, JLT Group CEO said:

"I would like to thank Mark on behalf of the Group for the key role he has played in the very strong progress of our UK Employee Benefits business, initially as Non-executive Chairman and more recently as CEO. We wish him well for the future.

Duncan Howorth has done an outstanding job as CEO of JLT Asia over the last two and a half years in strengthening our market position across the region and in growing our Employee Benefits life assurance and healthcare businesses to represent nearly half of our revenues in Asia. His return to the UK coincides with a period of significant change and opportunity in the UK employee benefits industry and I am pleased that he is re-assuming leadership for what remains the second largest business in the Group and one that he has played a critical role in building. His move will also enable him to focus more time on his important role as International Chairman of Employee Benefits.

Dominic Samengo-Turner is widely recognised across the industry for his deep specialty capabilities as well as his expertise and knowledge of placements, carrier relationships and the global insurance markets. I am delighted that we have been able to attract someone of his reputation and calibre to lead our Asian business and further develop our specialty capabilities, working alongside Tony Langridge and David Lum, Executive Chairman and Deputy Chairman respectively of JLT Asia.

Ian Robinson has been instrumental in driving an ambitious operational change agenda across Asia, including establishing our new Malaysian Shared Service Centre and improving the processes and efficiency of our operational platform. I am delighted that he has accepted the opportunity to return to the UK as COO of Thistle, whose system and operational needs are an excellent fit with his skills and experience.

During his 23 years at JLT, Warren Downey has fulfilled a number of senior roles within JLT Specialty, our largest business, including CEO of Sweden, Chief Operating Officer, Head of Strategy and CEO of the Regional Risk Practice. This varied experience and range of skills makes him ideally placed to work alongside Dominic Samengo-Turner as part of an enlarged management structure and provide the strategic and operational support necessary to lead our Asian business in its next phase of growth."

These changes mark another important step in JLT's growth and development and indicate both the depth of talent within the organisation and our continued ability to attract some of the best people in the industry to join us and help drive our continued growth and momentum."

-- ENDS --

Contacts:

JLT

Dominic Burke, CEO

+44 (0) 20 7309 8145

Dominic_Burke@JLTGROUP.COM

Paul Dransfield, Head of Group Corporate Communications

+44 (0) 20 7528 4933

Paul_Dransfield@JLTGROUP.COM

Brunswick Group

Tom Burns / Dania Saidam (UK)

+44 (0) 20 7404 5959

Notes to Editors:

About Jardine Lloyd Thompson Group plc

Jardine Lloyd Thompson is one of the world's leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT's client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.

JLT is quoted on the London Stock Exchange and owns offices in 40 territories with more than 10,000 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.

http://www.jltgroup.com/

This announcement may contain "forward looking statements" regarding the financial position, business strategy or plans for future operations of the Group. By their nature, forward looking statements involve risk and uncertainty, relating to facts that are beyond the company's ability to control, such as future market conditions. Any such statements in this announcement speak only as at the date of this announcement. The company does not assume any obligation to, and does not intend to, revise or update these forward looking statements except as required pursuant to applicable law.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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