The new hire has 20 years of experience in the insurance and finance sector
Lloyd’s of London has appointed Legal and General’s former chief operating officer Eleanor Bucks in the newly created role of chief investment officer, effective from September 2021.
In her new position, Bucks will focus on the creation of the new Lloyd’s market investment platform, which aims to enable greater scale and access to broader products, to ultimately reduce cost and improve returns for the market.
She will also oversee the market’s treasury and investment management team.
Most recently, Bucks worked at financial services and asset management firm Legal and General, as the chief operating officer for its alternative asset platform, Legal and General Capital.
During her tenure at Legal and General, she has undertaken a number of other roles too, including chief investment officer and managing director, direct investment and real assets for Legal and General Retirement.
She has also served as chair of LGIM Real Asset’s Alternative Investment Fund Manager and as director of Legal and General’s single-family build-to-rent business.
Bucks has 20 years of experience in insurance and finance.
Speaking on the appointment, Burkhard Keese, Chief Financial Officer of Lloyd’s said: “I’m thrilled that Eleanor will be joining Lloyd’s to build and lead the Lloyd’s market investment platform.
“Eleanor joins Lloyd’s at an exciting time as we create an investment platform that will significantly improve investment returns for the market.
“With a strong track record of investing to support pensions and insurance in the UK, Bermuda and the US, she brings with her a valuable global perspective, which not only strengthens the existing investments team at Lloyd’s, but also adds to the diverse representation of Lloyd’s senior leadership team.”