June 4, 2019 / 12:23 PM / 2 months ago

MOVES-Legal & General fund arm appoints Laud as CIO

LONDON, June 4 (Reuters) - The fund arm of British insurer Legal & General has appointed Sonja Laud as chief investment officer following the departure of Anton Eser for family reasons, it said on Tuesday.

Legal & General Investment Management, one of the biggest investors in the UK stock market, hired Laud in Jan 2019 as deputy CIO, it said in a statement. Laud previously worked at fund manager Fidelity International.

Eser, who worked at LGIM for 13 years, is returning to South Africa where he is looking for a “more hands on investing role” involving social impact investing in Africa, LGIM said.

Reporting by Carolyn Cohn, editing by Louise Heavens

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