LONDON, June 17 Legal & General
unveiled a new chief financial officer and a revamp of its
management structure on Monday, taking further key steps in the
reorganisation of its 440 billion pounds ($690 billion) savings,
pensions and insurance business.
The company has appointed Mark Gregory, currently head of
its savings business, to the role of group chief financial
officer with effect from July 1.
John Pollock will assume responsibility for creating an
integrated protection and savings business following Gregory's
In addition, Legal & General has handed Mark Zinkula
responsibility for running the unit trust business of Legal &
General Investments, which will become part of Legal & General
The annuities business will become a separate business
division led by Kerrigan Procter.
"The successful turnaround of the Savings business now
enables us to re-organise our business in a way which best
reflects customer needs," Nigel Wilson, Group Chief Executive,
said in a statement.