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John Lloyd to step down as CEO of JLT Specialty

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Paul Knowles will take over the role on 1 January 2016.

John Lloyd will step down as CEO of JLT Specialty at the end of the year the company has announced.

He will be succeeded by Paul Knowles with Lucy Clarke as his deputy and both appointments will be effective from 1 January 2016 subject to FCA approval.

Knowles will also join the JLT Group executive committee.

Lloyd was one of the founding partners of what became the Lloyd Thompson Group, latterly serving as its chairman prior to its merger with Jardine Insurance Brokers in 1997.

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