Legal & General Group Plc (LON:LGEN) today announced the appointment of Michelle Scrimgeour as Chief Executive Officer of Legal & General Investment Management and executive director of Legal & General Group.
Michelle Scrimgeour will join LGIM from Columbia Threadneedle Investments, where she is currently Chief Executive Officer with responsibility for the EMEA (Europe, Middle East and Africa) region.
Her appointment follows a comprehensive, global search process and is subject to regulatory approval. She will succeed Mark Zinkula as CEO of LGIM. Mark has been CEO of LGIM since 2011, and last year announced his intention to retire from the company in August 2019. Michelle will take up her post formally following the completion of regulatory and other formalities and Mark will be working closely with her to ensure a comprehensive handover before he retires from the Company later this year. Michelle will join the board of Legal & General Group plc on appointment, at which point Mark will step down from the Legal & General Group Board. The specific retirement and appointment dates will be confirmed in due course.
