Jonathan Agnew will not stand for re-election

Lloyd’s insurer Beazley has begun the search for a new non-executive chairman following Jonathan Agnew’s decision not to stand for re-election at the firm’s 2012 annual general meeting.

Agnew has been a non-executive director of Beazley since 2001 and chairman since 2003.

Agnew was previously a managing director of investment bank Morgan Stanley and also chief executive of rival firm Kleinwort Benson.

He has previously been a chairman of Lloyd’s insure Limit (now part of QBE), Gerrard Group and Nationwide Building Society.

He is currently chairman of Ashmore Global Opportunities, The Cayenne Trust and LMS Capital and a senior independent director of Rightmove.

He was a member of the council of Lloyd’s from 1995 to 1998.

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