The Board of Legal & General Group Plc (the “Company”) is pleased to announce the appointment of Henrietta Baldock as independent non-executive director of the Company with effect from the date of this announcement.
4 Oct 2018
Henrietta is currently Chair of the Company’s principal operating subsidiary, Legal & General Assurance Society Limited (LGAS). Henrietta brings to the Board further extensive knowledge of the financial services and insurance sectors through her 25 years’ experience in investment banking, most recently as Chairman of the European Financial Institutions team at Bank of America Merrill Lynch. Henrietta will continue to chair LGAS following her appointment to the Board.
Henrietta will join the Audit, Nominations, Remuneration and Risk Committees on appointment.
The Company also announces that Carolyn Bradley has advised the Company of her intention to step down from the Board at the end of the year.
Sir John Kingman, Group Chairman: "Henrietta will be a valuable addition to the Board and I look forward to working with her more closely... I am pleased to announce that Lesley Knox has been appointed as the designated non-executive director... Lesley is already involved with the Company’s approach to investing in and rewarding our workforce in her capacity as Chair of the Remuneration Committee."
Lesley Knox, Non-Executive Director: "I am delighted to be taking on this new Group Board role with specific responsibility for Legal & General’s employees. Taking proper account of their interests, alongside those of other stakeholders, is an important part of our Board culture..."
Notes to editors
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.4 trillion in total assets under management* of which a third is international. We also provide powerful asset origination capabilities. Together, these underpin our leading retirement and protection solutions: we are a leading international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Through inclusive capitalism, we aim to build a better society by investing in long-term assets that benefit everyone.
*at 31 Dec 2021