L&G Group appoints asset management CEO Zinkula to board

Legal & General Group has appointed chief executive of Legal & General Investment Management Mark Zinkula to the board as group executive director of the company.

As LGIM continues international expansion, the group’s board believes it will benefit from closer interaction with the asset management business.

LGIM is one of UK’s largest investment management companies, with £381bn funds under management. Around 80% of them are managed for external parties, including pension funds, sovereign wealth funds and other institutions.

Zinkula was appointed CEO of LGIM in March last year. He moved over from his position as CEO of LGIM in America, a role he held since 2008. Prior to this he was global head of fixed income at Aegon Asset Management.

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