Press releases

LGIM appoints Margaret Ammon as Chief Risk Officer

Legal & General Investment Management Holdings Limited (LGIMH) today announced the appointment of Margaret Ammon as Chief Risk Officer, subject to regulatory approvals.

22 Oct 2019

Currently Chief Risk Officer for Asset Management, M&G plc, Margaret will join LGIM in February 2020 and be responsible for the oversight and development of LGIM’s risk functions globally, reporting to Michelle Scrimgeour the CEO of LGIM.

Prior to joining M&G in London, Margaret was Chief Risk Officer for Colonial First State Global Asset Management (2015-2017); APAC Head of Risk for Schroders (2011-2015); and Chief Risk Officer for Old Mutual Asset Managers (2006-2011). Margaret also worked in financial risk management at KMPG (2000-2006). She has worked in the UK, Asia and Australia.

Michelle Scrimgeour, Chief Executive Officer at Legal & General Investment Management: "Margaret brings more than 20 years’ experience in risk management, having held senior roles at a number of high profile asset management companies. Her proven track record in building global risk oversight models, coupled with a strong understanding of practical application within differing asset classes and markets, will be an invaluable addition to our business."

Notes to editors

LGIM is one of Europe’s largest asset managers and a major global investor, with total assets under management of £1.2 trillion1 ($1.5tn, €1.3tn, CHF 1.2tn). We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors.

For more than 50 years, we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across the full spectrum of asset classes including fixed income, equities, commercial property, and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.

1Data as at 31 December 2023. Data combines assets under management by LGIM in the UK, LGIMA in the US and LGIM Asia in Hong Kong. Assets under management include securities and derivatives positions.