LGIM restructures leadership team

LGIM restructures leadership team

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Legal & General Investment Management (LGIM) has restructured its leadership team. 

This move is designed to drive LGIM’s future business growth across its key product ranges while continuing to meet its clients’ evolving needs, in the UK and internationally.

“LGIM has been growing rapidly internationally and enhancing its product set and investment solutions for its customers. Clients like our products and services, but increasingly want to access them via integrated solutions. Today’s management changes will drive this forward, and help to deliver growth in the Americas, UK, Europe and Asia,” said Mark Zinkula, Chief Executive of LGIM.

The key changes are:

  • Aaron Meder has been appointed head of investment, a new role, and he will lead LGIM’s investment teams, excluding real assets such as property and infrastructure.
  • Roger Bartley is appointed vice-chairman - investments and will work closely with Zinkula to help grow LGIM’s business in new markets and distribution channels. Bartley will also continue to provide strategic input to the investment teams.
  • Bill Hughes is appointed head of real assets, a new role, bringing together LGIM’s direct investment capabilities in property and infrastructure into one team.
  • Mike Craston is appointed vice chairman – LGIM America. He will be focusing exclusively on providing strategic direction for LGIM’s successful and expanding US business and will transition his responsibilities in other regions.
  • Sarah Aitken is appointed head of distribution and will extend her responsibilities to lead all distribution in Emea, including institutional and retail
Ali Toutounchi, managing director - index funds, has announced his intention to retire at the end of 2015, and will be working closely with Zinkula and Meder to appoint his successor and transition his responsibilities. Toutounchi was instrumental in founding LGIM’s index business and on retirement he will continue to be associated with LGIM in an on-going capacity.
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