The Lloyd’s Market Association (LMA) has appointed Sheila Cameron as its next CEO, succeeding David Gittings who will be stepping down at the end of the year after 12 years in the role.

Cameron is currently serving as the head of international operations at Navigators Underwriting where she is responsible for leading all operational and change management activity within Navigators International, which includes its Lloyd’s business together with its global platforms in Europe, Asia and Latin America.

Cameron is chairman of the LMA Operations Committee and a member of the Target Operating Model board.

Before joining Navigators, Cameron was director of group operations at Hiscox and held a number of roles at Xchanging, including COO of Xchanging’s claims business. She started her career at Accenture.

Speaking of her appointment Cameron said: “I am honoured and excited to lead the LMA, building on David’s immense work. The LMA plays a crucial role in making the market a better place for all its participants. I look forward to working together with Lloyd’s on the evolution of its strategy, a renewed focus on our customers and the delivery of market modernisation.”

LMA chairman Neil Maidment commented: “David has worked successfully over many years to ensure that the interests of market firms have been effectively represented and we will be sorry to see him go. I would like to take this opportunity to thank him on behalf of our members for all he has achieved. Sheila’s background and experience in the London Market will be invaluable in driving the LMA’s agenda forward. The board very much looks forward to working with her.”