Legal and General is undergoing a restructure which will see its unit trust business become a part of Legal and General Investment Management (LGIM) and its annuities business spun out as a separate division.
Mark Gregory has been appointed group chief financial officer as a result of the move, having successfully turned around the savings division.
Mark Zinkula will head up the unit trust business of LGIM.
Source: Portfolio Adviser. Read full article here.