Legal & General Group’s (L&G) global Pension Risk Transfer (PRT) business has announced a number of changes to its Legal & General Retirement Institutional (LGRI) Division leadership team.
Chris DeMarco has been appointed Strategic Accounts and New Markets after having led the UK PRT business for nearly six years and supported in building its market leading reputation.
In his new role, DeMarco will be focusing on proactive strategy and proposition development.
After eight years in L&G’s PRT division John Towner will assume leadership of its UK PRT business. According to the firm, he has contributed significantly to the growth and success of the division, having previously held the role of Head of New Business, and brings huge experience and capability to this role.
Bringing significant expertise in both customer and client services, Dave Poulton joins the leadership team as Chief Customer Officer. Having worked for LGRI for nearly 24 years he brings in-depth knowledge and understanding of the organisation.
The final appointment is Emma Byron, previously Managing Director of Legal & General Retirement Solutions – where she played a key part in the growth and success of L&G’s Retirement Solutions business. She joins LGRI as Chief Operating Officer (COO) for the Division.
Commenting on the appointments Andrew Kail, CEO of Legal & General Retirement Institutional (LGRI), said: “Demand for PRT is growing and there are tremendous opportunities in both the UK and international markets.
“We want to make sure we’re in the best possible position to support clients with innovative solutions and our customers with the exceptional in-house service they have come to expect. This great team, the right solutions, capacity to transact and an effective business structure will mean we are able to seize the global opportunities of both today and tomorrow.”