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Big shot

RON SANDLER, 52, the straight-talking former Lloyd’s of London chief, is said to have a thirst for the complex and challenging.

Which is just as well, given his tenure at the insurance market during the mid-1990s, where he shook up the troubled institution and took it back to firmer ground. He also joined NatWest just after Royal Bank of Scotland launched its ultimately successful £22 billion bid for the bank.

In 2002 Mr Sandler delivered the conclusions of his Treasury-sponsored review of the long-term savings market, concluding that it was too complicated and too costly. Yesterday the Government moved to ease pricing caps recommended in his report, after lobbying from the financial services industry.

Mr Sandler graduated with a first class degree in engineering from Cambridge University before joining Boston Consulting Group in 1976. He spent 12 years as a consultant, gaining an MBA from Stanford University, before entering the financial services industry. He now chairs Computa- center and lives in Wimbledon, London, with his wife, Susan, and their two sons.