Laura Mason, formerly head of Legal & General Capital and its institutional retirement business, has been appointed head of the group’s retail division.
She replaces Bernie Hickman, who is standing down from L&G after 26 years with the business to “focus on new opportunities”.
Mason, who will take up the role in December, has been appointed to bring a “new perspective” to the division.
The appointment comes as L&G chief executive António Simões refreshes the top layer of the business, appointing Katie Worgan to the newly created role of group chief operating officer. Worgan will join the business from Lloyds Banking Group, where she is managing director and chief operating officer of consumer relationships, in Q1 2025.
Simões said: “Laura is an exceptional leader whose knowledge of L&G and expertise across our businesses will help us further strengthen collaboration across our divisions to drive profitable growth in retail, while Katie combines a global, customer-centric mindset and technical expertise with proven experience leading large and complex businesses through transformation. I am confident both will have a big impact in their new roles.”
Mason added: “Our retail businesses are foundational to L&G, reflecting our roots in insurance as well as being an important growth opportunity for the group as we expand our workplace retirement proposition. I’m delighted to be taking leadership of our talented team to deliver an exciting strategy that will see us deepen our support for customers throughout their lifetimes.”
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