Legal & General chief executive Nigel Wilson is set to retire after more than a decade in the top job.
The insurance and asset management group said on Monday that it would start a search for Wilson’s successor.
Wilson, who joined the group in 2009 as chief financial officer and became chief executive in 2012, has spearheaded the group’s push into investment in infrastructure and other long-term assets across the UK. He was knighted last year.
Legal & General chair Sir John Kingman said: “Nigel has successfully navigated significant geopolitical changes as well as challenges in the regulatory and market environments of each of our core businesses and has steered the group into a position of strength.”
