We have assembled a talented, experienced and well-balanced team of experts at Lucida. We combine financial, industry and technical expertise with a commitment to outstanding customer service and a track record of delivering it.
Hitesh is Chief Executive of Lucida. Previously he was a specialist partner in KPMG's Financial Services Audit Practice, responsible for providing accounting and prudential regulatory advisory services to the insurance industry. He was a member of KPMG's Global Insurance Leadership Team and a member of the IASB Insurance Working Group. Hitesh was a member of the ABI's working party on their revision of the SORP on accounting for insurance businesses and led the Solvency II Study for the European Commission into methodologies for measuring solvency in the insurance sector. He has provided advice to the insurance sector on a wide range of topics including accounting, regulatory, corporate governance, risk management and due diligence.
David is Managing Director of Lucida. He was previously a senior partner in Accenture, where he sat on key committees including the Global Executive Committee and the Partner Income Committee. From 2002 to 2005, he was CEO of Accenture HR Services, which was the global HR outsourcing arm of Accenture. In this role, he was responsible for some of the largest HR and pension administration operations globally. Prior to this, David was the Global Managing Partner for Human Performance, where he had oversight of all consulting work carried out in relation to client organisation, management and workforce issues. Previously he was Managing Partner for Change Management in Europe, Middle East and Africa and Managing Partner for the UK Government and Services Division.
Chief Investment Officer, Daniel Schrupp joined Lucida in June 2008 as a Senior Credit Officer and is responsible for managing Lucida's credit-related investments. Daniel joined Lucida from Aozora Bank, Ltd., a major Japanese bank, where he managed the bank's credit investments in the U.S. and European markets. Prior to that he was an investment banker at Salomon Brothers and CIBC World Markets where he focused on leveraged financings. Daniel has an MBA from The Tuck School at Dartmouth College and a degree in Economics from Yale University.
Sir Derek Morris is Non Executive Chairman at Lucida. He is also Provost of Oriel College, Oxford and a former Chairman of the Competition Commission. He carried out an independent review of the actuarial profession on behalf of HM Government in 2004-5 and has recently chaired a series of meetings organised by the ABI on the present and prospective state of the pensions industry and the regulatory regime that applies to it. Sir Derek is Chairman of the Trustees of the Oxford University Press pension scheme. From 1984-98 he was Chairman of Oxford Economic Forecasting Ltd and is currently a Governor of the National Institute of Economic and Social Research. He has published widely on economic topics, including some recent work on economic reform in Chinese enterprises. He acted as adviser to the Asian Development Bank on enterprise reform in Central Asia. In the 2003 New Year Honours, he was admitted to the Imperial Society of Knights Bachelor.
John Tiner is a Non-Executive Director of Lucida plc. John Tiner was previously Chief Executive of the FSA, a position he held between September 2003 and July 2007 when he retired from the role. He had initially joined the FSA in June 2001 as Managing Director of consumer, insurance and investment business. At the FSA, he was widely credited with modernising the regulation of the UK insurance industry and bringing a new risk-based and principles-based focus to regulation. He was also a member of the Committee of European Insurance and Occupational Pensions Regulators which steered the development of Solvency II. Before joining the FSA, Mr Tiner was a Managing Partner at Andersen responsible for its worldwide financial services practice. He joined Andersen in 1976, working mainly with banking and capital market clients. He led the Andersen team appointed by the Bank of England to investigate the collapse of Barings Bank and draw out the lessons to be learned. Mr Tiner is also a non-executive director of the Credit Suisse Group. Mr Tiner was awarded a CBE in 2008 in recognition of his services to the finance industry and in 2010 was made an Honorary Doctor of Letters at his former college, Kingston University, in recognition of his contribution to the financial services industry.
Pieter Korteweg is a Non-Executive Director of Lucida plc. He is also Vice Chairman of Cerberus Global Investment Advisors LLC and a Director of Cerberus Dutch entities. Mr. Korteweg was Chairman and CEO of Robeco Group, Europe's largest independent asset manager. Prior to that he served as the Treasurer General for the Dutch Treasury, and as Professor of Economics at Erasmus University in Rotterdam and Carnegie-Mellon University. Mr. Korteweg also served on the Supervisory Boards of the Dutch Central Bank (Vice-Chairman), the Dutch Pension and Insurance Supervisory Authority (Chairman), the Dutch Central Bureau of Statistics (CBS), Hypo Real Estate Holding AG (Munich), and as a non-executive member of the Board of SSA Global Technologies, Inc (Chicago), Aozora Bank Ltd. (Tokyo), and the Governing Board SONA, the Development Fund of the Netherlands Antilles. He currently serves on the (Supervisory Boards) of Mercedes-Benz Nederland BV., BAWAG PSK Bank (Vienna), as Chairman of the Board of Aercap Holdings NV (Amsterdam), and as a non-executive member of the Board of Showa Jisho Co. Ltd. (Tokyo). Mr. Korteweg obtained his Ph.D (cum laude) in monetary economics from Erasmus University in Rotterdam in 1971.