Legal & General Investment Management's chief executive is to retire in August next year, the board of Legal & General Group announced today.
Mark Zinkula, who became chief executive of LGIM in March 2011 and was appointed to the group board in September 2012, will retire on 31 August 2019. The firm said it will begin the process of appointing a successor for Zinkula "in due course". Nigel Wilson, group chief executive of Legal & General, said: "Mark is and has been a first class CEO of LGIM and a terrific colleague. LGIM is in great shape and now manages just under £1trn of AUM. LGIM posts £38bn inflows with group poised for record year "I am very grateful for his excellent stewardship. I look forward to working with...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes