The top manager of the UK Club, the largest of the protection and indemnity clubs is to step down in preparation for retirement in 2006.

Stephen James
Stephen James is to relinquish the chairmanship of Thomas Miller P&I from September in preparation for retirement in 2006.

James (58) decided to step down early as UK Club chairman Aleco Kairis of NJ Goulandris is due to relinquish his role in October 2005 and it was felt undesirable to have both the top shipowner and top manager leaving within a matter of months of each other.

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