Legal & General Chief Exexecutive Nigel Wilson is retiring after a decade in the top job but will remain in the post until a successor takes the helm, the British insurer and pensions provider said on Monday.
Nigel Wilson, CEO of Legal & General Group PLC, speaks during an event to launch the private finance agenda for the 2020 United Nations Climate Change Conference at Guildhall in London, Britain, February 27, 2020. Tolga Akmen/Pool via REUTERS/FilesChief Exexecutive Nigel Wilson is retiring after a decade in the top job but will remain in the post until a successor takes the helm, the British insurer and pensions provider said on Monday.
"It is envisaged that this process will take around a year," a company sattement said. "In the meantime, Sir Nigel will continue to focus on delivering the current strategy of the group, supported by the executive team." L&G also said that its guidance on full-year operating profit for last year remains unchanged and that it expects an operational surplus of 1.8 billion pounds .
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