Marsh McLennan’s Lay announced as new LMG chair
Marsh McLennan UK CEO Chris Lay is set to become the next chair of the London Market Group, taking up the role on 1 January, 2026.
The LMG confirmed that Sean McGovern, CEO of Axa XL Lloyd’s and London Market, will step down at the end of his three-year tenure in December, and will remain a member of the LMG Board.
McGovern said:
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