John Frederick Nelson
Encyclopedia
John Frederick Nelson, Esq (born 26 July, 1947) is the current Chairman-designate of Lloyd's of London
Lloyd's of London
Lloyd's, also known as Lloyd's of London, is a British insurance and reinsurance market. It serves as a partially mutualised marketplace where multiple financial backers, underwriters, or members, whether individuals or corporations, come together to pool and spread risk...
. Nelson is a chartered accountant
Chartered Accountant
Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...
.
Business Life
John Nelson joined Kleinwort BensonKleinwort Benson
Kleinwort Benson is a leading Private Bank that offers a wide range of financial services to private and corporate clients from offices throughout the United Kingdom and Channel Islands. The bank has its headquarters on St George Street in Mayfair, and is supported by seven UK regional and two...
in 1971, spending 15 years at the company working in both the UK and the US. He was the Vice President of the company from 1973 to 1975 and the Director between 1980 and 1986. He then spent 13 years with Lazard Brothers as Managing Director between 1986 and 1998 and as Vice Chairman from 1990 to 1998. Nelson was also a chairman of Lazard S.p.A. in Italy and a managing director of Lazard Freres, New York. He became a Chairman of Credit Suisse
Credit Suisse
The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...
First Boston Europe in 1999 and continued to do that until 2005. In January 2002, he was appointed Deputy Chairman of Kingfisher plc
Kingfisher plc
Kingfisher plc is a multinational retailing company headquartered in London, United Kingdom. It is the largest home improvement retailer in Europe and the third-largest in the world...
. Nelson is due to retire from this role in 2011.
John Nelson was a non-executive director of Woolwich Building Society from 1998 until it was taken over by Barclays Bank in 2000. Nelson was also a board member of the BT Group
BT Group
BT Group plc is a global telecommunications services company headquartered in London, United Kingdom. It is one of the largest telecommunications services companies in the world and has operations in more than 170 countries. Through its BT Global Services division it is a major supplier of...
from 2002 to 2008.
Nelson was the Director of J.P. Morgan Cazenove
J.P. Morgan Cazenove
J.P. Morgan Cazenove is a leading investment bank focused on mergers & acquisitions, debt and equity placements and equity research and distribution based in the UK. The firm has approximately 900 employees....
Holdings Ltd and Cazenove Group Ltd between 2008 and 2010 and was the Chairman of the London Investment Banking Association (LIBA) between 2001 and 2002. He joined Hammerson plc in 2004 and became its Chairman in 2005. He was also the Senior Advisor of Charterhouse Capital Partners
Charterhouse Capital Partners
Charterhouse Capital Partners is a private equity investment firm focusing on leveraged buyout of established, substantial businesses, based in Western Europe...
LLP since 2006.
On 18 April 2011, the Council of Lloyd's confirmed John Nelson as the next chairman of Lloyd's. He is due to take office in October 2011.
Personal Life and Family
Nelson enjoys sailing and opera and was the Director of the English National OperaEnglish National Opera
English National Opera is an opera company based in London, resident at the London Coliseum in St. Martin's Lane. It is one of the two principal opera companies in London, along with the Royal Opera, Covent Garden...
between 2002-2010. He is also a trustee of the National Gallery
National gallery
The National Gallery is an art gallery on Trafalgar Square, London, United Kingdom.National Gallery may also refer to:*Armenia: National Gallery of Armenia, Yerevan*Australia:**National Gallery of Australia, Canberra...
in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
.
John Frederick Nelson is the son of George Frederick Nelson and Betty Violet Roddick. Nelson married Caroline Vivien Hannam in 1976 and they have two sons and a daughter.