Lloyd’s Notice of Election May 2026

The members of the Council will be elected from among the Working, Individual External and Corporate External Members of the Society respectively, by ballot of those members of the Society whose names are shown on the date of this notice in Part I or Part II of the Register as appropriately referred to in Schedule 1 of Lloyd's Act 1982 and who have not ceased to be members before the date of the ballot.  Under the Byelaw only those members whose names are shown on the relevant Part of the Register on the nominations date (9 June 2026) are entitled to nominate candidates. Nominated candidates will be subject to a screening process undertaken before any ballot is issued, reflecting Lloyd’s regulatory obligation to satisfy itself that all members of the Council are fit and proper persons. The Byelaw permits service on the Council of up to 9 years in aggregate (in any non-executive capacity and including any time served on the former Franchise Board) after which a three-year break is required.   The Byelaw limits the eligibility of “connected” members sitting on the Council at the same time. As a consequence, additional vacancies may arise when the results of the election are known.  In that event the additional vacancies will be filled by the candidates with the next highest number of votes in the relevant constituency and the term of office will be for the unexpired term of office of the member resigning.