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Nicholas Lyons

Sir Nicholas Lyons

Chair of the Group Board

Appointed: 

1 September 2018 to 1 September 2022, re-appointed on 1 December 2023

Committee member:

Nomination Committee (Chair)

Career and experience:

Nicholas has wide-ranging experience across the financial services industry, both in executive and non-executive roles. He started his career in banking at Morgan Guaranty Trust Company of New York UK (later JP Morgan LLP), where he held various roles including Assistant Vice President of Equity Capital Markets, he later moved to Lehman Brothers International Limited where he was Global Co-Head of Recruitment, Training and Career Development and Managing Director of the Financial Institutions Group. Nicholas has extensive Non-Executive Director (‘NED’) experience, including Chair of Miller Insurance Services LLP, Senior Independent Director of Pension Insurance Corporation plc and Catlin Group Limited and NED of Friends Life Group Limited and Convex Group Limited. Nicholas is a member of the Chartered Insurance Institute. Having taken a sabbatical to complete a year long term as Lord Mayor of the City of London, Nicholas returned to his role as Group Chair of the Board on 1 December 2023.

Key skills and competencies:

  • Seasoned business leader with experience and understanding of insurance and the financial services industry, including the regulatory environment.
  • Strong communicator, bringing a sharp focus to people leadership, succession planning and development.
  • Experience in the governance of large-scale business operations, leading mergers and acquisitions and managing complex projects which are skills key to the fulfilment of Phoenix Group’s vision and purpose supporting his role as an experienced Chair of the Group Board.

Current external appointments:

NED at Convex Group Limited and Alderman in the City of London.