LEGAL & General today announced that Mark Gregory has been appointed chief financial officer, alongside a new organisation structure which the insurer says reflects its “ongoing strategic evolution”.
Gregory is currently chief executive of the savings business and has been a member of the board since January 2009. His new appointment is effective from 1 July.
In other organisational changes, John Pollock will assume responsibility for an integrated protection and savings business and Mark Zinkula will head up the unit trust business of Legal & General Investments, which will become part of Legal & General Investment Management.
The annuities business will become a separate business division led by Kerrigan Procter.
“I am delighted Mark has been appointed as Group CFO,” said chairman John Stewart.
“Mark has now successfully delivered the first stage of the savings transformation and the board is looking forward to working with him as CFO. Mark's appointment shows the breadth and depth of talent in Legal & General.”