Legal & General Investment Management (LGIM) CEO Mark Zinkula has announced plans to retire on 31 August 2019.
Zinkula has helmed LGIM since March 2011 and joined the Legal & General group board in September 2012.
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“It has been a pleasure to work with such committed colleagues at LGIM and I’m proud of what our talented leadership team has accomplished. They have created a truly unique, collaborative and client-focused culture, which has driven the successful expansion of our business. We are well positioned for the future and I believe next year will be the right time to step down,” Zinkula noted.
The company will begin a search for Zinkula’s replacement in due course.
Legal & General group CEO Nigel Wilson said: “Mark is and has been a first class CEO of LGIM and a terrific colleague. LGIM is in great shape and now manages just under £1 trillion of AuM. I am very grateful for his excellent stewardship.”
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