Sir Hugh Alexander Stevenson (born 7 September 1942) is a businessman known for being a former chairman of Mercury Asset Management and Equitas.
[1] Stevenson was on the board of Warburg from 1987 to 1995,[2] at which point it was bought by SBC and its ties with Mercury Asset Management were severed.
[3] As Chairman of Mercury Asset Management, Stevenson oversaw the company’s sale to Merrill Lynch in late 1997,[4] which saw Mercury colleagues Carol Galley and Stephen Zimmerman become co-heads of the newly created Merrill Lynch Investment Management (MLIM).
[5][6] Following his departure from Mercury Asset Management in 1998, Stevenson took on the chairmanship of Equitas,[1] the company that was set up to reinsure the liabilities of over 30,000 “Names” of Lloyd’s of London insurance syndicates.
[8][9] He held other non-executive directorships at Standard Life plc (2006-2008);[1] Merchants Trust (1999-2010),[1] which he chaired; and the Financial Services Authority (2004-2010).