The Board of Legal & General Group Plc (the "Company") is pleased to announce the appointment of Ric Lewis as an independent non-executive director of the Company with immediate effect.
18 Jun 2020
Ric will join the Risk, Remuneration and Nomination & Corporate Governance Committees on appointment.
Ric brings to the Board significant experience in investment management and, in particular, a focus on the real estate sector. Ric has more than 25 years' of experience in the sector, including as the founder and Executive Chairman of Tristan Capital Partners, an investment manager specialising in real estate investment strategies across the UK and Continental Europe. This experience and perspective will bring further expertise to Legal & General as we continue to invest in the real economy.
There are no details or disclosures required under LR 9.6.13R of the Financial Conduct Authority's Listing Rules.
Sir John Kingman: "I am delighted to welcome Ric to the Group Board. Ric's many years of experience in the real estate investment sector will supplement the skills and experience of the Board and I look forward to working with him."
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion in total assets under management* of which 39% is international. We have a unique and highly synergistic business model, which continues to drive strong returns. Legal & General provides powerful asset origination and management capabilities directly to clients, which also 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. Our purpose is to improve the lives of our customers and create value for our shareholders. Through inclusive capitalism, we are investing in long-term assets, such as real estate and infrastructure, that can help build a better society for the future.
*as at HY 2023