Carolyn Johnson to take over from Sir Charles Roxburgh as Chair of Legal & General America
Legal & General Group Plc (“Group”) is pleased to announce that Carolyn Johnson has been appointed as Chair of the Board of Directors of Legal & General America (“LGA”), taking over from Sir Charles Roxburgh, effective 1 March 2025. Sir Charles will step down from the LGA Board on the same date.
28 Oct 2024
Full press release
Carolyn has been a non-executive director on the Group Board since June 2022, and a non-executive director on the LGA Board since September 2023. She has extensive knowledge of the insurance and financial services industries following a 30-year executive career in the United States. In particular, she has deep experience in the life insurance market, having previously held senior roles at AIG, Voya Financial and Protective Life Corporation.
LGA’s business portfolio in the US, underwritten by Banner Life Insurance Company and William Penn Life Insurance Company of New York, consists of:
- primarily term life insurance business representing more than $1.5B in gross written premium in 2023 and 1.4M policyholders;1 and
- the pension risk transfer business, which has completed more than $10 billion in transactions since its 2015 inception as part of Legal & General’s global PRT business.
Carolyn Johnson: “I have immensely enjoyed my time as Chair of Legal & General America, working with highly capable management teams in both life insurance and pension risk transfer to strengthen our client and customer relationships and make the most of technology to drive growth. I wish my colleagues every success in the future.”
Sir Charles Roxburgh: “I have immensely enjoyed my time as Chair of Legal & General America, working with highly capable management teams in both life insurance and pension risk transfer to strengthen our client and customer relationships and make the most of technology to drive growth. I wish my colleagues every success in the future.”
References
1 LGA Full Year 2023 data.
Further information
Natalie Whitty
Group Corporate Affairs Director
Group Communications
Lauren Kemp
Head of Group Corporate Media & Issues
Group Communications