Soames resigns as chairman of Barbican
Jeremy Soames has resigned as chairman of Barbican Managing Agency (BMAL) after five years in the role.
During Soames’ time as chairman, BMAL’s stamp capacity grew from £180 to £260 million.
Richard Hobbs, who has moved from his current position as BMAL’s senior independent non-executive director to become chairman, will succeed Soames.
His previous experience included roles relating to the regulation of the insurance industry and, in particular, the Lloyd's market.
David Reeves, Barbican Group CEO, commented: “We thank Soames for his leadership and look forward to working with Hobbs, who we already know well, to take BMAL forward through the next phase of its development.”
