Julian James has announced his plans to leave the company

Julian James

Lockton chief executive Julian James has announced his resignation, which will become effective at the end of January.

He has left “to pursue other interests”, and a succession plan will now be discussed by the partnership.

The announcement was made by Lockton international operations chairman Mike Hammond.

In a statement Hammond said: “Julian James has advised me that he wishes to step down as chief executive officer of Lockton International, effective 31 January 2013.

“Julian joined Lockton International immediately following the acquisition of Alexander Forbes International Risk Services in 2006. He has served as CEO of Lockton International since April 2008, and has been instrumental in helping to develop and build out our global capabilities.”

James was previously Lloyd’s director of worldwide markets, and is credited with helping co-ordinate the market’s response to 9/11 and Hurricane Katrina.

In 2011 James was elected CII president where he focused on bringing fresh talent to the industry.

Hammond’s statement continued: “In the interim period leading up to 31 January 2013, Julian and I will work with the other members of the leadership team to effect an orderly transition of his responsibilities.

“On behalf of the Lockton family and all Lockton Partners and Associates, I would like to thank Julian for his leadership, support and friendship and we wish him well in the future.”

Read a recent Insurance Times interview with James on the future of the company.