Insights
Burkhard Keese set to leave Lloyd’s in May
Posted 31/01/2025 – Insights
Lloyd’s has announced that Burkhard Keese, who joined Lloyd’s as CFO in April 2019 from Allianz Deutschland AG, will step down as Chief Financial Officer (CFO) effective 1st May. He will continue to serve as a strategic advisor to Lloyd’s while transitioning his responsibilities to Alex Cliff, who joined the market in November 2022 as Deputy CFO. Alex has 20 years’ experience in the insurance industry, having held senior finance roles in insurance and broking firms.
John Neal, Lloyd’s Chief Executive Officer (CEO) said ‘I would like to thank Burkhard for his work guiding Lloyd’s to some of its best ever financial results and his execution of the capital proposition, which has made Lloyd’s more resilient than ever. He has been integral in elevating Lloyd’s financial strength ratings and attracting high-profile capital investment to the market.’
Alpha comment
During his tenure, Burkhard has driven major developments at Lloyd’s, including the launch of London Bridge, which enables institutional investors to provide capital to the market. A key part of his legacy is the hugely improved results of the market and the upgrade of Lloyd’s financial strength from A+ to AA- by S&P and AM Best from A to A+, further enhancing Lloyd’s global reputation. We look forward to working closely with Alex Cliff as she assumes her new responsibilities in the months ahead.
