Hampden Group, a provider of specialist insurance, investment and financial support services, has appointed Lord Strathclyde as the Chair of the group’s ultimate holding company, Hampden Holdings.
Strathclyde succeeds Hampden founder, Tim Oliver, who will remain on the board as Founder and Life President, having grown and overseen the development of the group over the past half a century.
Oliver commented, “I am delighted to hand on the chairmanship of Hampden to Tom Strathclyde. He has worked with the group for a number of years and his skills and insight will be important to Hampden’s continued long-term development.”
The appointment of Strathclyde demonstrates the group’s planned board succession with a long-term outlook on the group’s oversight and success, the firm stated.
Strathclyde has extensive experience working with family-owned businesses and is also Chairman of Hampden subsidiary, Hampden Agencies, the largest provider of members’ agency services in the Lloyd’s market, making him well placed to offer his support and guidance to the Hampden Group board.
Strathclyde, added, “Hampden is a uniquely placed business, and I am delighted to be entrusted by Tim Oliver with such an important role in the succession and growth of the group.”
Stephen Harris, Chief Executive Officer, Hampden Group, concluded, “Tim Oliver’s contribution to the group and indeed the Lloyd’s market over the past decades cannot be underestimated.
“We look forward to continuing to benefit from his input as a director and welcome Tom’s experience and guidance as chair, enabling the board to develop the group’s strategy in the coming years.”
