Widely known for his independent review of the UK Long Term Savings Industry, Ron Sandler is also credited with the revival of Lloydâs of London when its chief executive. He was also formerly Chief Operating Officer of NatWest Group.
The ifs also announced that Bruce Carnegie-Brown has been nominated for deputy president, also from October.
Bruce Carnegie-Brown is chief executive officer of Marsh Ltd., the UK risk and insurance services subsidiary of US-based Marsh & McLennan Companies, which includes Marsh as the world's largest insurance broker.
Gavin Shreeve, Chief Executive of the ifs said: "Weâre delighted to have Ron Sandler and Bruce Carnegie-Brown on board. The membership of our Council reflects the broad spectrum of the financial services industry at its highest level. With such senior and respected figures at the helm, the Institute will be in an even better position to promote its services to the wider financial services community."
The nominations, which have been approved by the ifsâ Council, will be put to the AGM in October 2004.
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