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{{Short description|British insurance broker and executive}}
{{Short description|British business executive}}
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'''Bruce Neil Carnegie-Brown''' (born December 1959)<ref>[https://beta.companieshouse.gov.uk/officers/arKD0dDSQW7KCyfGMCxhGMrdeM8/appointments Bruce Neil CARNEGIE BROWN] [[Companies House]]</ref> has been [[Chairman]] of the insurance market [[Lloyd’s of London]] since June 2017, and is Vice Chairman of Banco Santander. He is also chairman of the [[Marylebone Cricket Club]] and of Cuvva Ltd. He was Chairman of the price comparison website [[Moneysupermarket.com|Moneysupermarket.com Group]] from April 2014 to May 2019.<ref>{{cite web |url=https://www.lloyds.com/lloyds-around-the-world/asia/dubai/dubai-news/2017/bruce-carnegiebrown-appointed-as-chairman-of-lloyds |title=Bruce Carnegie-Brown appointed as Chairman of Lloyd's |date=13 July 2017 |publisher=[[Lloyd's of London]] |access-date=10 August 2018 }}{{Dead link|date=July 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
'''Bruce Neil Carnegie-Brown''' (born December 1959)<ref>[https://beta.companieshouse.gov.uk/officers/arKD0dDSQW7KCyfGMCxhGMrdeM8/appointments Bruce Neil CARNEGIE BROWN] [[Companies House]]</ref> has been [[Chairman]] of the insurance market [[Lloyd’s of London]] since June 2017, and is vice chairman of [[Banco Santander]]. He is also chairman of the [[Marylebone Cricket Club]], Cuvva Ltd, and is chair of the Leadership Council of [[TheCityUK]]. He was appointed a [[deputy lieutenant of Greater London]] in 2015.<ref name=TheCityUK/>


== Early life and education ==
== Early life and education ==
Bruce Carnegie-Brown was born on 27 December 1959 in [[Freetown]], [[Sierra Leone]]. His father was an engineer and tobacco executive, and the family migrated often, including time in Libya, Jordan, Tanzania and Malaysia.<ref name='Times'/> He attended [[Cheltenham College]],<ref>{{cite journal |title=Floreat Cheltonia |date=January 2018 |issue=11 |pages=3 |url=https://issuu.com/cheltenhamcollege/docs/floreat-2018-issuu |access-date=6 March 2019}}</ref> in 1973 and leaving in 1977. In 1977, he won a scholarship to study English Language and Literature at [[Exeter College, Oxford|Exeter College]], [[University of Oxford|Oxford]] matriculating in 1978 and graduating with a First Class Honours degree in 1981.<ref name='Standard'/><ref>{{cite web |url=https://staging.exeter.ox.ac.uk/wp-content/uploads/2017/07/exeter-matters-45-16-MT.pdf |title=Exter Matters |date=2016 |publisher=[[Exeter College, Oxford]] }}</ref>
Bruce Carnegie-Brown was born on 27 December 1959 in [[Freetown]], [[Sierra Leone Colony and Protectorate|British Sierra Leone]]. His father was an engineer and tobacco executive, and the family relocated often, including to Libya, Jordan, Tanzania and Malaysia.<ref name='Times'/> He attended [[Cheltenham College]],<ref>{{cite journal |title=Floreat Cheltonia |date=January 2018 |issue=11 |pages=3 |url=https://issuu.com/cheltenhamcollege/docs/floreat-2018-issuu |access-date=6 March 2019}}</ref> in 1973 and leaving in 1977. In 1977, he won a scholarship to study English Language and Literature at [[Exeter College, Oxford|Exeter College]], [[University of Oxford|Oxford]] matriculating in 1978 and graduating with a First Class Honours degree in 1981.<ref name='Standard'/><ref>{{cite web |url=https://staging.exeter.ox.ac.uk/wp-content/uploads/2017/07/exeter-matters-45-16-MT.pdf |title=Exter Matters |date=2016 |publisher=[[Exeter College, Oxford]] |archive-url=https://web.archive.org/web/20180812181530/https://staging.exeter.ox.ac.uk/wp-content/uploads/2017/07/exeter-matters-45-16-MT.pdf |archive-date=12 August 2018}}</ref>


== Business career ==
== Career ==
After leaving university, Carnegie-Brown spent four years at [[Bank of America]] as an investment banker, before joining [[JP Morgan]], 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.<ref name='Standard'/><ref>{{cite web |url=https://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/Shareholders-and-Investors/Mr-Bruce-Carnegie-Brown.html |title=Mr Bruce Carnegie-Brown |publisher=[[Banco Santander]]|access-date=10 August 2018 }}</ref> From 2003 to 2006 he worked for insurance broker [[Marsh & McLennan]] as CEO of its UK, European and Middle East businesses.<ref name='Times'>{{cite news |last=Unwin |first=Rosamund |date=13 May 2018 |title=We have to be the insurers' Amazon |url=https://www.thetimes.co.uk/article/we-have-to-be-the-insurers-amazon-jkpw8dmlc |work=[[The Times]] |access-date=12 August 2018 }}</ref><ref>{{cite news |last=Griffiths |first=Katherine |date=25 May 2006 |title=UK head of world's largest insurance broker to quit |url=https://www.telegraph.co.uk/finance/2939606/UK-head-of-worlds-largest-insurance-broker-to-quit.html |work=[[The Daily Telegraph]] |access-date=12 August 2018 }}</ref>
After leaving university, Carnegie-Brown spent four years at [[Bank of America]] as an investment banker, before joining [[JP Morgan]], 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.<ref name='Standard'/><ref>{{cite web |url=https://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/Shareholders-and-Investors/Mr-Bruce-Carnegie-Brown.html |title=Mr Bruce Carnegie-Brown |publisher=[[Banco Santander]]|access-date=10 August 2018 }}</ref> From 2003 to 2006 he worked for insurance broker [[Marsh & McLennan]] as CEO of its UK, European and Middle East businesses.<ref name='Times'>{{cite news |last=Unwin |first=Rosamund |date=13 May 2018 |title=We have to be the insurers' Amazon |url=https://www.thetimes.co.uk/article/we-have-to-be-the-insurers-amazon-jkpw8dmlc |work=[[The Times]] |access-date=12 August 2018 }}</ref><ref>{{cite news |last=Griffiths |first=Katherine |date=25 May 2006 |title=UK head of world's largest insurance broker to quit |url=https://www.telegraph.co.uk/finance/2939606/UK-head-of-worlds-largest-insurance-broker-to-quit.html |work=[[The Daily Telegraph]] |access-date=12 August 2018 }}</ref>


Carnegie-Brown was later hired in 2006 as a managing partner at 3i Quoted Private Equity, leading an activist investment team.<ref>{{cite web |last1=Quinn |first1=James |title=3i hires Carnegie-Brown to head activist investment team |url=https://www.telegraph.co.uk/finance/2951583/3i-hires-Carnegie-Brown-to-head-activist-investment-team.html |date=30 November 2006}}</ref> He left the position in 2009 before the company was acquired by its parent company, 3i.<ref>{{cite web |last1=Walkinshaw |first1=Danny |title=Sale rumours blossom as Carnegie-Brown leaves 3i |url=https://www.insurancetimes.co.uk/sale-rumours-blossom-as-carnegie-brown-leaves-3i/1378025.article |date=21 April 2009}}</ref>
He has been Chairman of Lloyd's since June 2017, and a vice-chairman of [[Banco Santander]] since February 2015. From 2017 to 2020, he was President of the [[Chartered Management Institute]].<ref>{{cite web |url=https://www.managers.org.uk/about-us/media-centre/cmi-press-releases/bruce-carnegie-brown-named-new-cmi-president |title=Bruce Carnegie-Brown named new CMI president |publisher=[[Chartered Management Institute]] |access-date=10 August 2018 }}</ref> He was a trustee of [[Historic Royal Palaces]] from January 2015 until October 2019 and was a trustee of the Shakespeare's Globe Trust from 2006 to 2014.<ref name='Standard'>{{cite news |last=Bow |first=Michael |date=1 June 2018 |title=Business interview: Lloyd's chairman Bruce Carnegie-Brown rings the changes on a brave new era in Lime Street |url=https://www.standard.co.uk/business/business-interview-lloyds-chairman-bruce-carnegiebrown-rings-the-changes-on-a-brave-new-era-in-lime-a3853271.html |work=[[London Evening Standard]] |access-date=12 August 2018 }}</ref><ref>{{cite web |url=https://www.marketscreener.com/business-leaders/Bruce-Carnegie-Brown-06N944-E/biography/ |title=Bruce Neil Carnegie-Brown |website=market-screener.com |access-date=12 August 2018 }}</ref>

Carnegie-Brown has since held numerous positions as chairman and non-executive director for multiple companies, including [[Close Brothers Group]] (non-executive director, 2006 to 2014); [[Catlin Group]] (non-executive director, 2010 to 2014); [[Aon (company)|Aon UK]] (chairman, 2012 to 2015); [[Jardine Lloyd Thompson|JLT Group]] (non-executive director, 2016 to 2017);<ref>{{cite web |title=Carnegie-Brown steps down from JLT board |url=https://insuranceday.com/ID053830/Carnegie-Brown-steps-down-from-JLT-board |date=14 June 2017}}</ref> [[Moneysupermarket.com|Moneysupermarket.com Group]] (chairman, May 2014 to May 2019) and [[Santander UK]] (non-executive director, 2012 to 2021).<ref>{{cite web |title=People Moves: Postlewhite Departs QBE Re; Lloyd’s Reappoints Chairman Carnegie-Brown; Liberty Specialty Appoints Pavie in France |url=https://www.insurancejournal.com/news/international/2022/06/17/672108.htm |date=17 June 2022}}</ref><ref>{{cite web |title=Carnegie-Brown abandona el consejo de Santander UK |url=https://www.expansion.com/empresas/banca/2021/10/05/615c8327468aebcb5b8b45f8.html |date=5 October 2021}}</ref>

He has been chairman of Lloyd's since June 2017, and a vice-chairman of Banco Santander since February 2015. From 2017 to 2020, he was president of the [[Chartered Management Institute]].<ref>{{cite web |url=https://www.managers.org.uk/about-us/media-centre/cmi-press-releases/bruce-carnegie-brown-named-new-cmi-president |title=Bruce Carnegie-Brown named new CMI president |publisher=[[Chartered Management Institute]] |access-date=10 August 2018 }}</ref> He was a trustee of [[Historic Royal Palaces]] from January 2015 until October 2019 and was a trustee of the Shakespeare's Globe Trust from 2006 to 2014.<ref name='Standard'>{{cite news |last=Bow |first=Michael |date=1 June 2018 |title=Business interview: Lloyd's chairman Bruce Carnegie-Brown rings the changes on a brave new era in Lime Street |url=https://www.standard.co.uk/business/business-interview-lloyds-chairman-bruce-carnegiebrown-rings-the-changes-on-a-brave-new-era-in-lime-a3853271.html |work=[[London Evening Standard]] |access-date=12 August 2018 }}</ref><ref>{{cite web |url=https://www.marketscreener.com/business-leaders/Bruce-Carnegie-Brown-06N944-E/biography/ |title=Bruce Neil Carnegie-Brown |website=market-screener.com |access-date=12 August 2018 }}</ref> Carnegie-Brown was appointed a [[deputy lieutenant]] of Greater London in 2015.<ref name=TheCityUK/><ref>{{cite web |title=Deputy Lieutenants |url=https://greaterlondonlieutenancy.com/about-us/our-people/deputy-lieutenants/ |publisher=Greater London Lieutenants}}</ref>


In 2019, Carnegie-Brown was appointed chairman of InsurTech start-up Cuvva Ltd.<ref>{{cite web |last1=Axling |first1=Ida |title=Lloyd's chairman Bruce Carnegie-Brown joins Cuvva |url=https://www.insuranceage.co.uk/technology/4238651/lloyds-chairman-bruce-carnegie-brown-joins-cuvva |website=Insurance Age|date=10 October 2019 }}</ref>
In 2019, Carnegie-Brown was appointed chairman of InsurTech start-up Cuvva Ltd.<ref>{{cite web |last1=Axling |first1=Ida |title=Lloyd's chairman Bruce Carnegie-Brown joins Cuvva |url=https://www.insuranceage.co.uk/technology/4238651/lloyds-chairman-bruce-carnegie-brown-joins-cuvva |website=Insurance Age|date=10 October 2019 }}</ref>


In October 2021 he became Chairman of the [[Marylebone Cricket Club]]. 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.<ref>{{cite web |last1=The Times |first1=Ida |title=MCC chairman is caught out after colostomy bag gaffe |url=https://www.thetimes.co.uk/article/mcc-chairman-is-caught-out-after-colostomy-bag-gaffe-5bd8gdgkv |website=The Times |date=29 July 2022 }}</ref>
In October 2021 he became chairman of the Marylebone Cricket Club. 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, following a [[hot mic]] incident.<ref>{{cite web |last1=The Times |first1=Ida |title=MCC chairman is caught out after colostomy bag gaffe |url=https://www.thetimes.co.uk/article/mcc-chairman-is-caught-out-after-colostomy-bag-gaffe-5bd8gdgkv |website=The Times |date=29 July 2022 }}</ref>

In April 2022, Carnegie-Brown was appointed chair of the Leadership Council of TheCityUK, an [[advocacy group]] promoting financial and related professional services industries of the [[United Kingdom]].<ref name=TheCityUK>{{cite web |title=TheCityUK appoints Bruce Carnegie-Brown as Chair of its Leadership Council |url=https://www.thecityuk.com/news/thecityuk-appoints-bruce-carnegie-brown-as-chair-of-its-leadership-council/ |format=Press Release |date=24 February 2022}}</ref><ref>{{cite web |last1=Jones |first1=Huw |title=Finance sector tells UK regulators to use new post-Brexit remit |url=https://www.reuters.com/world/uk/finance-sector-tells-uk-regulators-use-new-post-brexit-remit-2023-06-29/ |website=Reuters |date=29 June 2023}}</ref>


==Personal life ==
==Personal life ==
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[[Category:Alumni of Exeter College, Oxford]]
[[Category:Alumni of Exeter College, Oxford]]
[[Category:Members of the Board of Directors of the Banco Santander]]
[[Category:Members of the Board of Directors of the Banco Santander]]
[[Category:Deputy Lieutenants of Greater London]]
[[Category:Deputy lieutenants of Greater London]]

Latest revision as of 07:34, 13 August 2024

Bruce Carnegie-Brown
BornDecember 1959
Alma materUniversity of Oxford
OccupationBusinessman
TitleChairman, Lloyd’s of London
TermJune 2017 - present
Children4

Bruce Neil Carnegie-Brown (born December 1959)[1] has been Chairman of the insurance market Lloyd’s of London since June 2017, and is vice chairman of Banco Santander. He is also chairman of the Marylebone Cricket Club, Cuvva Ltd, and is chair of the Leadership Council of TheCityUK. He was appointed a deputy lieutenant of Greater London in 2015.[2]

Early life and education

[edit]

Bruce Carnegie-Brown was born on 27 December 1959 in Freetown, British Sierra Leone. His father was an engineer and tobacco executive, and the family relocated often, including to Libya, Jordan, Tanzania and Malaysia.[3] He attended Cheltenham College,[4] in 1973 and leaving in 1977. In 1977, he won a scholarship to study English Language and Literature at Exeter College, Oxford matriculating in 1978 and graduating with a First Class Honours degree in 1981.[5][6]

Career

[edit]

After leaving university, Carnegie-Brown spent four years at Bank of America as an investment banker, before joining JP Morgan, 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.[5][7] From 2003 to 2006 he worked for insurance broker Marsh & McLennan as CEO of its UK, European and Middle East businesses.[3][8]

Carnegie-Brown was later hired in 2006 as a managing partner at 3i Quoted Private Equity, leading an activist investment team.[9] He left the position in 2009 before the company was acquired by its parent company, 3i.[10]

Carnegie-Brown has since held numerous positions as chairman and non-executive director for multiple companies, including Close Brothers Group (non-executive director, 2006 to 2014); Catlin Group (non-executive director, 2010 to 2014); Aon UK (chairman, 2012 to 2015); JLT Group (non-executive director, 2016 to 2017);[11] Moneysupermarket.com Group (chairman, May 2014 to May 2019) and Santander UK (non-executive director, 2012 to 2021).[12][13]

He has been chairman of Lloyd's since June 2017, and a vice-chairman of Banco Santander since February 2015. From 2017 to 2020, he was president of the Chartered Management Institute.[14] He was a trustee of Historic Royal Palaces from January 2015 until October 2019 and was a trustee of the Shakespeare's Globe Trust from 2006 to 2014.[5][15] Carnegie-Brown was appointed a deputy lieutenant of Greater London in 2015.[2][16]

In 2019, Carnegie-Brown was appointed chairman of InsurTech start-up Cuvva Ltd.[17]

In October 2021 he became chairman of the Marylebone Cricket Club. 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, following a hot mic incident.[18]

In April 2022, Carnegie-Brown was appointed chair of the Leadership Council of TheCityUK, an advocacy group promoting financial and related professional services industries of the United Kingdom.[2][19]

Personal life

[edit]

Bruce lives in Putney, London, and is married to Jane and has four children.[5] His brother, Ian Carnegie-Brown, is an investment banker at UBS.[20]

References

[edit]
  1. ^ Bruce Neil CARNEGIE BROWN Companies House
  2. ^ a b c "TheCityUK appoints Bruce Carnegie-Brown as Chair of its Leadership Council" (Press Release). 24 February 2022.
  3. ^ a b Unwin, Rosamund (13 May 2018). "We have to be the insurers' Amazon". The Times. Retrieved 12 August 2018.
  4. ^ "Floreat Cheltonia" (11). January 2018: 3. Retrieved 6 March 2019. {{cite journal}}: Cite journal requires |journal= (help)
  5. ^ a b c d Bow, Michael (1 June 2018). "Business interview: Lloyd's chairman Bruce Carnegie-Brown rings the changes on a brave new era in Lime Street". London Evening Standard. Retrieved 12 August 2018.
  6. ^ "Exter Matters" (PDF). Exeter College, Oxford. 2016. Archived from the original (PDF) on 12 August 2018.
  7. ^ "Mr Bruce Carnegie-Brown". Banco Santander. Retrieved 10 August 2018.
  8. ^ Griffiths, Katherine (25 May 2006). "UK head of world's largest insurance broker to quit". The Daily Telegraph. Retrieved 12 August 2018.
  9. ^ Quinn, James (30 November 2006). "3i hires Carnegie-Brown to head activist investment team".
  10. ^ Walkinshaw, Danny (21 April 2009). "Sale rumours blossom as Carnegie-Brown leaves 3i".
  11. ^ "Carnegie-Brown steps down from JLT board". 14 June 2017.
  12. ^ "People Moves: Postlewhite Departs QBE Re; Lloyd's Reappoints Chairman Carnegie-Brown; Liberty Specialty Appoints Pavie in France". 17 June 2022.
  13. ^ "Carnegie-Brown abandona el consejo de Santander UK". 5 October 2021.
  14. ^ "Bruce Carnegie-Brown named new CMI president". Chartered Management Institute. Retrieved 10 August 2018.
  15. ^ "Bruce Neil Carnegie-Brown". market-screener.com. Retrieved 12 August 2018.
  16. ^ "Deputy Lieutenants". Greater London Lieutenants.
  17. ^ Axling, Ida (10 October 2019). "Lloyd's chairman Bruce Carnegie-Brown joins Cuvva". Insurance Age.
  18. ^ The Times, Ida (29 July 2022). "MCC chairman is caught out after colostomy bag gaffe". The Times.
  19. ^ Jones, Huw (29 June 2023). "Finance sector tells UK regulators to use new post-Brexit remit". Reuters.
  20. ^ "UBS plucks 'grey hair' from rival Swiss bank".
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