Chairman of Lloyd's, Lord Levene of Portsoken KBE

Lord Levene, Chairman
Lord Levene, Chairman of Lloyd's
Lord Peter Levene was elected Chairman of Lloyd’s, the world’s leading specialist insurance and reinsurance market, in November 2002. In this role, he chairs the Council of Lloyd’s and Lloyd’s Franchise Board.

Peter Levene has enjoyed a long and varied career in business, Government and banking.

Peter Levene started his career in the Defence Industry with United Scientific Holdings. Subsequently, he was asked by Defence Secretary, Michael Heseltine, to act as Personal Advisor in the Ministry of Defence, and subsequently as Permanent Secretary in the role of Chief of Defence Procurement, a position which he held for six years.

He thereafter held a number of Government posts, as Advisor to the Secretary of State for the Environment; to the President of the Board of Trade; and to the Chancellor of the Exchequer.

He was appointed as Advisor to the Prime Minister on Efficiency and Effectiveness from 1992 to 1997. During this period, he also served as Chairman of the Docklands Light Railway and then Chairman and Chief Executive of Canary Wharf Ltd.

He is an Alderman of the City of London and served as Sheriff from 1995-96. He served as Lord Mayor of London for the year 1998-99. He received a knighthood in 1989 and became a life Peer in July 1997.

Later he became Vice Chairman of Deutsche Bank in the UK, having also been at Wasserstein Perella and Morgan Stanley.

Peter Levene currently holds four non-executive directorships, as Chairman of General Dynamics UK Limited and on the boards of Haymarket Group Ltd, Total SA and China Construction Bank. He is also the Chairman of International Financial Services London (formerly British Invisibles) and is a member of the House of Lords Select Committee for Economic Affairs.
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Last updated on 28 Jul 2009