The interim boss will lead the trade body on a part-time basis until the end of the year
Trade body the London Market Group (LMG) has appointed Caroline Wagstaff as its interim chief executive, replacing outgoing boss Clare Lebecq.
Wagstaff will be seconded on a part-time basis from her current role as director of communications at agency Luther Pendragon, from 1 April to the end of 2021, to undertake the LMG position.
Wagstaff has 25 years of industry experience across commodity trading, spread-betting, accountancy, money broking, legal services and commercial insurance.
Previously, Wagstaff spent five years as head of marketing and communications at Lloyd’s of London, working on fraud trials – for example, the Concorde crashing and 9/11.
The LMG believes Wagstaff will help “shape and deliver” its agenda in 2022.
Commenting on the appointment, Matthew Moore, chairman of the LMG, said: “We are delighted that Caroline is joining us.
“With over 20 years’ experience working in the London market, her understanding of and commitment to it will be invaluable in helping us.”
Wagstaff added: “I am a passionate advocate for the London market, and the LMG has a unique role as the only forum that can help to articulate, debate and take action on the key topics that affect everyone across the market.
“I am delighted to be taking over from Clare, building on the great work she has done, and excited to work with all our stakeholders to enhance the market’s reputation and help drive future growth and success.”
Lebecq is leaving the LMG in April to become group chief operating officer at Specialist Risk Group (SRG).