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Lloyd's appoints CIO

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Eleanor Bucks is joining Lloyd’s in the newly created role of Chief Investment Officer, overseeing the Treasury and Investment Management team and charged with building and leading the Lloyd’s Market Investment platform.

From September, London-based Ms Bucks will focus on the creation of the new platform, which Lloyd’s says will enable greater scale and access to broader products, and also reduce costs and improve returns for the market.

Lloyd’s CFO Burkhard Keese said her appointment strengthens the investments team and “adds to the diverse representation of Lloyd’s senior leadership team”.

“With a strong track record of investing to support pensions and insurance in the UK, Bermuda and the US, she brings with her a valuable global perspective,” he said.

Ms Bucks was most recently COO of Legal & General’s alternative asset platform.

She has 20 years’ experience in insurance and finance, including MD Direct Investment and Real Assets at Legal & General Retirement, Chair of LGIM Real Asset’s Alternative Investment Fund Manager and director of Legal & General’s Single-Family Build-to-Rent business.