Lloyd's Appoints Board To Oversee 'Culture Change'

Law360, London (February 11, 2020, 11:56 AM GMT) -- Lloyd’s of London will appoint the country's most senior female banking boss to an independent board on workplace culture, as the 334-year-old specialist insurance market seeks to rebuild its reputation after being shaken by allegations of widespread sexual harassment and bullying.

Jayne-Anne Gadhia, who was chief executive of Virgin Money until 2018, will join the market's newly formed culture advisory group, Lloyd’s said on Monday. The group will be responsible for ensuring that Lloyd’s takes the right steps in stamping out a culture of harassment in the market.

Lloyd’s commissioned a “culture” survey after whistle-blowers came forward last year, and found in September...

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