Utley settles on Lloyd’s Equity charges
Former Equity chief executive Neil Utley has been barred from applying for Lloyd's director positions for two years under terms agreed in a settlement on charges of detrimental conduct.
In settling two charges of detrimental conduct brought against him by Lloyd's, Utley has also agreed to pay £130 000 towards Lloyd's external and internal costs.
As Equity CEO, Lloyd's argued that
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