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Legal & General Announces Strategic Board Changes for Succession Planning
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Legal & General Announces Strategic Board Changes for Succession Planning

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Legal & General ( (GB:LGEN) ) has provided an announcement.

Legal & General Group Plc announced several board changes as part of its long-term succession planning. Henrietta Baldock is set to become the new Senior Independent Director, while Mark Jordy will join as an independent Non-Executive Director, bringing significant experience in asset management. Lesley Knox and Philip Broadley will retire after nine years of service, and Carolyn Johnson will become the Designated Workforce Director. These changes aim to strengthen the board’s oversight and support the company’s strategic goals, particularly in expanding its asset management business.

More about Legal & General

Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at HY24), of which approximately 40% is international. The company is a prominent player in institutional retirement, retail savings and protection, and asset management, serving both public and private markets. Legal & General is committed to responsible investing and meeting the long-term savings and investment needs of its customers and society.

YTD Price Performance: 1.31%

Average Trading Volume: 16,692,198

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £13.6B

See more data about LGEN stock on TipRanks’ Stock Analysis page.

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