
Legal & General (L&G) CEO Nigel Wilson has announced his intention to retire.
Wilson joined L&G in 2009 as CFO and was appointed CEO in 2012. During his time as CEO, Wilson has executed numerous strategic initiatives to grow and re-focus the business, consistently exceeding financial and operational targets while also ensuring L&G has delivered inclusive capitalism with positive outcomes for shareholders, customers and the broader economy.
The board said it will now commence a “rigorous process” to appoint a successor, considering both internal and external candidates. Wilson has agreed to continue as CEO until the new appointment starts and he will support a smooth transition following their appointment. It is envisaged that this process will take around a year.