Richard Ward has emerged as a leading contender to become chief executive of Lloyd's. The former boss of the International Petroleum Exchange's current role as vice-chairman of ICE Futures expires in April.

Ward is reportedly one of the final two contenders being considered by Lloyd's, according to The Insurance Insider.

In last week's issue, we predicted that Lloyd's is likely to look outside the insurance industry for a new chief executive. It is now looking increasingly likely that our prediction will be proved correct.


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