JLT reshuffles board

JLT has made two senior boardroom appointments after Jim Rush and William Nabarro announced they were both retiring from the JLT Group.

Rush will step down from the board at the end of July, following the announcement of the interim results to 30th June, 2010 and Nabarro will be leaving at the end of August.

Simon Mawson and Mark Wood have been appointed as their replacements.

After more than four years as group finance director of JLT, Rush is returning with his family to Australia.

He will be succeeded, as group finance director, by Mawson, currently director of Jardine Matheson subsidiary PT Astra International Tbk responsible for finance, risk management and information technology.

Prior to Astra, Mawson worked for PricewaterhouseCoopers in Leeds, London and Hong Kong and for Jardine Matheson in various financial positions in Hong Kong.

Nabarro has worked for eight years at JLT, latterly as group commercial director and chairman of the Employee Benefits business. He has decided to step down from JLT in order to move back to the North of England to pursue a career in the education field.

William's successor as non-executive chairman of JLT's UK Employee Benefits activities will be Wood, subject to FSA approval. Wood will not be joining the group board.

Wood's most recent role was deputy chairman of Paternoster, the specialist life assurance business that he founded. Before Paternoster, He served in senior roles at Prudential, Norwich Union and Axa.

JLT said: "The board is very grateful to Jim and William for their very significant contributions to the successful development of the JLT Group over the years and wishes them both every success in their new careers."