'Cautionary tale for HR' | Lloyd's investigates ex-CEO's alleged relationship with colleague after promotion concerns

Lloyd’s of London has opened a formal investigation into potential governance failings under its former chief executive, John Neal, following concerns about a 2023 promotion of a female executive who reported directly to him.

The investigation follows the withdrawal of Mr Neal’s planned appointment by AIG, which cited “personal circumstances” for the cancellation, yet reports suggest the move was prompted by Lloyd’s reopening a review of his conduct.