The global reinsurance arm of Legal & General Group, L&G Re, has announced the appointment of Amy Ellison as its new Chief Executive Officer (CEO), succeeding Thomas Olunloyo.
Ellison moves to L&G Re from within the L&G Group, having joined in the UK in 2016. Most recently, she served as Finance Director, Defined Contribution (including Workplace Savings) and Retail for L&G Investment Management. Previously, she served as the Head of Audit for four of L&G’s businesses.
During her time with the company, she has also held numerous governance roles, including as a director on the L&G UCITS ETF plc Board and as the Chair of LGIM’s Asset Pricing and Valuations Committee.
Ellison takes over as CEO of L&G Re from Olunloyo, who is moving to the U.S. to serve as EVP and Deputy CEO of L&G America.
Prior to L&G, Ellison worked at PwC for more than 15 years in the UK and Australia, where she was responsible for the delivery of audits and assurance services to global listed insurance and asset management clients.
“I am very excited to be joining L&G Re as it continues to establish its important place within the Legal & General Group. Reinsurance is a significant part of how we enable our clients to manage their risks and to meet their obligations to customers.
“I look forward to building on the formidable foundations Thomas and the talented team in Bermuda have built and to leading the company into its next stage of growth,” said Ellison.