LGIM appoints new COO

Legal & General Investment Management (LGIM) has appointed Michael Marks as Chief Operating Officer (COO), subject to regulatory approval.

Marks will report to Mark Zinkula, CEO of LGIM and will join the company at the end of June.

He will be responsible for strategic change management, investment operations, IT and the data management office, LGIM said.

His track record involves building several successful businesses during his 28-year career at BlackRock.

“Michael brings extensive commercial and operational experience in building and running innovative businesses. His client focus, high energy and entrepreneurial drive will make him an excellent addition to LGIM,” Zinkula said.

“I am delighted to join LGIM at such an exciting time for the company and the asset-management industry in general,” Michael Marks said.

As of 31 December 2015, LGIM manages £757bn in assets for more than 3,000 clients.

ABOUT THE AUTHOR
Alicia Villegas
Alicia Villegas speaks Spanish and Italian and is Iberia Correspondent for InvestmentEurope. She was shortlisted for the Rising Star Award at the British Media Awards 2017 and Writer of the Year at the PPA Independent Publisher Awards 2016. Previously, she worked for almost three years at the seafood business website Undercurrent News as a market reporter. In Spain, she also worked for more than five years for several media outlets.

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