Legal & General Group Plc
announces the appointment of Clare Bousfield as a Non-Executive
Director
16 August 2024
The Board of Legal & General
Group Plc (the "Company") is pleased to announce the appointment of
Clare Bousfield as an independent non-executive director of the
Company with effect from 1 December 2024. Clare will join the Group
Risk Committee, Group Data and Technology Committee and Group
Nominations and Corporate Governance Committee on
appointment.
Clare brings extensive UK financial
services experience from her roles at M&G Plc, where she served
as both Group CFO and latterly CEO, Retail & Savings. Prior to
M&G's demerger from Prudential, Clare served as CEO, Insurance
for Prudential UK & Europe. Prior to her time at Prudential,
Clare held various senior roles at Aegon and Swiss Re Group, having
started her career at PwC.
Clare is currently a non-executive
director of Bupa, a non-executive director and chair of the audit
and risk committee of IVC Evidensia (a major global veterinary
business), a non-executive director and chair of the risk committee
of Nucleus Financial Platforms (an investment administration
provider with £90bn of assets under management) and a non-executive
director at Recipharm (a pharmaceutical contract development and
maufacturing organisation (CDMO)).
Clare was a director of RSA
Insurance Group plc (and chair of the audit committee) from 2020 to
the group's delisting in 2021 (and thereafter until 2022).
There is no other additional information required to be disclosed
in relation to Clare Bousfield pursuant to LR 9.6.13R of the
Listing Rules of the Financial Conduct Authority.
Sir John Kingman, Group Chair,
said:
"I am delighted to welcome Clare to
the Group Board. Clare brings deep experience across insurance in
both an executive and non-executive capacity. Clare's expertise
will reinforce the Board's oversight as Legal & General
executes its strategy, and I very much look forward to working with
her."
-ENDS-
Notes to Editors
Legal & General Group Plc
Established in 1836, Legal &
General is one of the UK's leading financial services groups and a
major global investor, with £1.1 trillion in total assets under
management (as at HY24) of which c40% (circa £0.5 trillion) is
international.
We have a highly synergistic
business model, which continues to drive strong returns. We are a
leading international player in Institutional Retirement, in Retail
Savings and Protection, and in both public and private markets
through our Asset Management division. Across the Group, we are
committed to responsible investing and dedicated to serving the
long-term savings and investment needs of customers and society. As
at 15 August 2024, Legal & General has a market capitalisation
of £13.6billion.