Bruce Neil Carnegie-Brown (born December 1959) has been

Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

of the insurance market

Lloyd’s of London Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, England. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body gove ...

since June 2017, and is Vice Chairman of Banco Santander. He is also chairman of the

Marylebone Cricket Club Marylebone Cricket Club (MCC) is a cricket club founded in 1787 and based since 1814 at Lord's Cricket Ground, which it owns, in St John's Wood, London. The club was formerly the governing body of cricket retaining considerable global influence ...

and of Cuvva Ltd. He was Chairman of the price comparison website Moneysupermarket.com Group from April 2014 to May 2019.

Early life and education

Carnegie-Brown was born on 27 December 1959 in

Freetown Freetown is the capital and largest city of Sierra Leone. It is a major port city on the Atlantic Ocean and is located in the Western Area of the country. Freetown is Sierra Leone's major urban, economic, financial, cultural, educational and p ...

Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierra ...

. His father was an engineer and tobacco executive, and the family migrated often, including time in Libya, Jordan, Tanzania and Malaysia. Bruce attended

Cheltenham College ("Work Conquers All") , established = , closed = , type = Public schoolIndependent School Day and Boarding School , religion = Church of England , president = , head_label = Head , head = Nicola Huggett ...

, in 1973 and leaving in 1977. In 1977, he won a scholarship to study English Language and Literature at Exeter College,

Oxford Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...

matriculating in 1978 and graduating with a First Class Honours degree in 1981.

Business career

After leaving university, Carnegie-Brown spent four years at

Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank w ...

as an investment banker, before joining

JP Morgan JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the wo ...

, where he worked for 18 years, including three years in Tokyo as chairman and head of their Asia-Pacific investment banking business from 1997 to 2000. He was a member of the Global Investment Banking Management Committee from 1997 to 2000 and a member of the Global Markets Management Committee from 2001 to 2003. From 2003 to 2006 he worked for insurance broker

Marsh & McLennan Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investme ...

as CEO of its UK, European and Middle East businesses. From 2006 to 2009, Carnegie-Brown was a founder and Managing Partner of 3i Quoted Private Equity plc, a private equity fund. Carnegie-Brown was a Non-Executive Director of Close Brothers Group plc from 2006 to 2014; a Non-Executive Director of Catlin Group Ltd from 2010 to 2014; Chairman of Aon UK Ltd from 2012 to 2015; and a Non-Executive Director of JLT Group plc from 2016 to 2017. He was Chairman of Moneysupermarket Group plc from May 2014 to May 2019, having joined the board in 2010. He was a non-Executive Director of Santander UK from 2012 to 2021. He has been Chairman of Lloyd's since June 2017, and a vice-chairman of

Banco Santander Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres ...

since February 2015. From 2017 to 2020, he was President of the

Chartered Management Institute The Chartered Management Institute (CMI) is a professional institution for management based in the United Kingdom. The major membership classes are ''Member'', ''Fellow'' - for those with significant expertise - and ''Companion'' - the most sen ...

. He was a trustee of

Historic Royal Palaces Historic Royal Palaces is an independent charity that manages some of the United Kingdom's unoccupied royal palaces. These are: * Tower of London * Hampton Court Palace * Kensington Palace (State Apartments and Orangery) * The Banqueting Hous ...

from January 2015 until October 2019 and was a trustee of the Shakespeare's Globe Trust from 2006 to 2014. He was appointed a Deputy Lieutenant of Greater London in 2015. Bruce is a past President of the Chartered Institute of Bankers (which became the Institute of Financial Services and is now the London Institute of Finance and Banking). In 2019, Carnegie-Brown was appointed chairman of InsurTech start-up Cuvva Ltd. In October 2021 he became Chairman of the

. In July 2022, the Club announced that a disciplinary panel had imposed a six-month suspension of his membership of the Club, suspended for a period of two years. This followed remarks he made at the Club's AGM about members "taking ages to empty their colostomy bags", unaware that his microphone was switched on. In April 2022, he was appointed Chair of the Leadership Council of

TheCityUK TheCityUK is a private-sector membership body and industry advocacy group promoting the financial services, financial and related professional services industry of the United Kingdom (UK). TheCityUK is often referred to as the industry's "most po ...

, the trade association for the U.K. financial and professional services industries.

Personal life

Bruce lives in

Putney Putney () is a district of southwest London, England, in the London Borough of Wandsworth, southwest of Charing Cross. The area is identified in the London Plan as one of 35 major centres in Greater London. History Putney is an ancient paris ...

, London, and is married to Jane and has four children. His brother, Ian Carnegie-Brown, is an investment banker at UBS.

References

External links

Bloomberg profile
{{DEFAULTSORT:Carnegie-Brown, Bruce Living people British business executives 1959 births Alumni of Exeter College, Oxford Members of the Board of Directors of the Banco Santander Deputy Lieutenants of Greater London