22 June 2023Analysis

Lockton to appoint new leadership adviser

Lockton has appointed Mark Drummond-Brady as advisor to its senior international leadership team. He joins Lockton on 1 July 2023 and will provide advice and counsel in support of Lockton’s continued growth plans.

The company said that Drummond-Brady will add highly valuable insight to the international leadership, having enjoyed a career of more than 40 years in the insurance sector. He began his career in 1981 as a broker at the former Hogg Robinson after serving in the British Army, before joining Lloyd Thompson Plc in 1987, ahead of the merger which created the Jardine Lloyd Thompson Group (JLT Group).

Drummond-Brady went on to hold a range of senior leadership roles, before becoming executive director of JLT Group in 2010. He then took on the role of vice chairman at Marsh, following Marsh McLennan’s acquisition of JLT Group in 2019. He played a key role in successfully integrating Marsh and JLT before resigning in 2022.

In addition, Drummond-Brady served as chairman of the Lloyd’s and City of London branch of the Royal British Legion between 2007 to 2022 and spent two terms on the board of the Council of Insurance Agents and Brokers (CIAB).

Chris Brown, President of Lockton International, said: “Mark is a leader in the insurance industry, having been at the forefront of it for nearly four decades. His exceptional level of market knowledge, industry acumen and counsel will be invaluable as we continue to grow. Welcoming someone of Mark’s calibre to our senior leadership team is a statement of intent and will further support our development as a business and our client focus.”

“I am delighted to be joining Lockton at such an exciting time for the business, having watched it progress from afar for several years,” said Drummond-Brady. “Lockton has even more ambitious growth plans, which are credibly grounded in its impressive performance in recent years. Lockton remains proudly independent and has retained its values, which sets it apart from many peers in the market and provides a solid foundation as the business continues to scale. I look forward to working closely with the executive team to maintain this momentum.”