FTSE 100 insurance and asset management group Legal & General is set to begin its search for a successor to its outgoing chair John Kingman.
The firm is due to appoint headhunters soon to oversee the recruitment process, according to reports from Sky News. L&G asset management arm becomes latest to distance itself from SDR labels Kingman's nine-year term is set to end in October this year, with reports claiming he could step down and retire earlier at its 2025 annual general meeting (AGM) on 5 June. In December 2024, L&G revealed a swathe of board changes as part of its longer-term succession planning, which saw Lesley Knox and Philip Broadley retire as non-executive directors at the end of 2024, following a nine-year ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
