– UK, London – Legal & General Group Plc (LON: LGEN) today announced the appointment of Tushar Morzaria to its Board as an independent non-executive director effective from 27 May 2022.
“I am delighted to welcome Tushar to the Group Board. He brings with him a wealth of expertise in financial services and transformation. I very much look forward to working with Tushar and welcoming him to the Board in May.” said Board Chairman, Sir John Kingman.
Tushar will also join the Audit Committee as Chair and the Risk Committee, the Remuneration Committee and Nominations and Corporate Governance Committee as a member.
The company also announced that Toby Strauss has decided to step down from the Board with effect from 29 April 2022.
About Tushar Morzaria
Tushar Morzaria has extensive financial services experience, including eight years as the Group Finance Director of Barclays PLC and, prior to that, as CFO of Global Investment Banking at JP Morgan Chase & Co. Mr Morzaria will retire from his position at Barclays PLC prior to joining the Company.
About Legal & General Group Plc
Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with over £1.3 trillion in total assets under management of which a third is international. L&G also provides 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. As of 4 March 2022, Legal & General has a market capitalization of £14.55 billion.
For more information : https://www.legalandgeneral.com/
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