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Lloyd's Register Foundation

About us

We research, educate, engage, and promote scientific excellence.

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Overview

The Lloyd’s Register Foundation is an independent global charity with a unique structure and an important mission: engineering a safer world.

We reduce risk and enhance the safety of the critical infrastructure that modern society relies upon in areas such as energy, transport and food. We do this by supporting high quality research, accelerating technology to application and through education and public outreach.

Our unique structure comes from the fact that we own a significant trading company, Lloyd’s Register (LR). We share the same mission and work together to make the world a safer place.

Our mission

To secure for the benefit of the community high technical standards of design, manufacture, construction, maintenance, operation and performance for the purpose of enhancing the safety of life and property at sea, on land and in the air. The advancement of public education including within the transportation industries and any other engineering and technological disciplines.

Our vision

To be known worldwide as a leading supporter of engineering-related research, training and education that makes a real difference in improving the safety of the critical infrastructure on which modern society relies. In support of this, we promote scientific excellence and act as a catalyst working with others to achieve maximum impact.

Our strategy

Goal 1 - Establish the best evidence and insight

We use the best data, evidence, and insight available to better understand the complex factors that affect safety.

Goal 2 - Focus on the most pressing challenges

We focus on the biggest safety challenges, where there’s clear evidence and a compelling need for change.

Goal 3 - Build global coalitions for change

We use the best data, evidence, and insight available to better understand the complex factors that affect safety.

Our people

Management team

  • Richard Clegg
    Chief Executive

    Richard joined Lloyd’s Register (LR) in 2010 as Global Nuclear Director for the Energy business. He brings a wealth of experience from the nuclear sector and has worked in industry, academia and government in both the civil and defence sectors. Before joining LR, Richard was the Managing Director of the UK's National Nuclear Centre of Excellence.

    His other posts include Chief Scientist and Board Director at the Atomic Weapons Establishment (AWE) and he was the founding Director of the Dalton Nuclear Institute at The University of Manchester. Richard worked for nearly 20 years for British Nuclear Fuels (BNFL) where he left as the Corporate Director of Science. His technical background is in radioactive waste disposal and environmental modelling.

Trustees

  • Thomas Thune Andersen, Chairman

    Thomas Thune AndersenThomas Thune Andersen is the Chairman of the Lloyd’s Register Foundation and Chairman of Lloyd’s Register Group Limited. He is a member of the Foundation’s Nominations Committee and the Lloyd’s Register Group Limited Remuneration Committee.

    Thomas, a former member of the executive Board of the A.P. Moller-Maersk Group with more than 30 years tenure in its maritime and energy sectors, was appointed to the Board of the former Lloyd’s Register in June 2010. Thomas is Chairman of Ørsted A/S, Vice Chairman of VKR Holding A/S, the parent group of Velux and Non-Executive Director of IMI plc and BW Group Limited. He is member of the World Economic Forum Chairmen’s Council.

  • Lambros Varnavides, Senior Independent Trustee

    Lambros VarnavidesLambros is the former Managing Director and Global Head of Shipping at The Royal Bank of Scotland. He is Deputy Chair of the Baltic Exchange and sits on its Finance and Charity Committee. He is also a court assistant to the Worshipful Company of Shipwrights and Chair of its Finance Committee. He was appointed Senior Independent Trustee of the Lloyd’s Register Foundation on the 29 September 2015 and chairs the Grants Committee.

  • Rosemary Martin, Trustee

    Rosemary MartinRosemary was appointed Group General Counsel and Company Secretary of Vodafone Group in April 2010. She previously served as CEO of the Practical Law Group, having spent 11 years with Reuters Group Plc in various company secretary and legal roles – the last five years as Group General Counsel and Company Secretary. Before joining Reuters, she was a partner with Mayer, Brown, Rowe & Maw. Rosemary was admitted as a solicitor in 1984 and holds a degree in Philosophy and Literature and an MBA in Legal Practice. She is a member of the Financial Services Authority’s Listing Group Advisory Committee and an Independent Non-Executive of Ernst & Young.

  • Ishbel Macpherson, Trustee

    Ishbel Macpherson spent over 20 years in corporate finance in the City of London with BZW, ABN AMRO Hoare Govett and Dresdner Kleinwort Benson.

    At Dresdner Kleinwort Benson, Ishbel lead the mid market corporate finance, corporate broking, corporate broking support and investment trust teams. Since leaving the City Ishbel has become an experienced non executive director having or having had roles with over 10 mainly publicly listed companies as chairman, chairman of audit committees, remuneration committees and as senior independent director. Currently, she is senior independent director and chairman of the remuneration committee at Dechra Pharmaceuticals plc and senior independent director and chairman of the remuneration and audit committees at Bonmarche Holdings plc.

  • Carol Sergeant CBE, Trustee

    Carol Sergeant CBECarol has non-executive positions on the boards of Danske Bank and Tullett Prebon plc. She is also Chairman of the whistle blowing charity Public Concern at Work, Chairman of the BSI Standards Strategy and Policy Committee, a member of the Governing Council and Trustee of the Centre for the Study of Financial Innovation and member of the Cass Business School Advisory Board. She has previously been Managing Director on the board of the Financial Services Authority, and Chief Risk Officer at Lloyds Banking Group, having begun her career at the Bank of England.

  • Andreas Sohmen-Pao, Trustee

    Andreas Sohmen-PaoAndreas Sohmen-Pao is Chairman of BW Group, BW LPG Limited, BW Offshore Limited and the Singapore Maritime Foundation. He is also a non-executive director of Singapore National Parks Board and Singapore Symphony Orchestra. Mr Sohmen-Pao was previously CEO of BW Group. He has also served as a non-executive director of The Hongkong and Shanghai Banking Corporation, The London P&I Club, The Esplanade Co Ltd, Sport Singapore and the Maritime and Port Authority of Singapore, amongst others.

What makes us special

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Heritage and Education Centre

Did you know we can provide information on Lloyd's Register classed ships dating back to 1764?

Visit the Heritage and Education Centre

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