Lloyd’s appoints new audit committee chair and whistleblowers’ champion

Lloyd’s has appointed Angela Crawford-Ingle as the newest chair of its audit committee, effective immediately.

She will replace outgoing chair Richard Keers.

Crawford-Ingle will also act as the market’s whistleblowers’ champion – here, she will oversee the independence and effectiveness of Lloyd’s whistleblowing policies and procedures.

Currently, Crawford-Ingle is the senior independent director and chair of the audit committee at asset management firm River and Mercantile Group, as well as non-executive director and audit committee chair at financial services business Openwork.

She also has more than 30 years of experience as a senior partner at PricewaterhouseCoopers (PWC), specialising in insurance and asset management. Until recently, she was a non-executive director and chair of the audit and risk committees at both Beazley and Swinton Insurance too.

Culture change

Crawford-Ingle’s role as a whistleblowers’ champion is pertinent following Lloyd’s culture survey last September, which set out to gauge the scale of the cultural issues within the market by gathering staff feedback.

The survey found that 38% of respondents did not know who to raise concerns to around sexual harassment and bullying, while only 45% felt comfortable enough to raise a concern in the first place.

Bruce Carnegie-Brown, chairman at Lloyd’s, said: “At Lloyd’s, we are committed to encouraging an open, honest and transparent culture that encourages speaking up – this is crucial to help us build the high performing culture that the Future of Lloyd’s demands.

“I am delighted to welcome Angela Crawford-Ingle to the board. Her wealth of boardroom experience, as well as sector specific knowledge, will be vital to Lloyd’s and I look forward to working closely with her.”