05 March 2018

LGIM Holdings Limited strengthens board of directors with appointment of Kathleen Gallagher

Legal & General Investment Management Holdings Limited (LGIMH) has appointed Kathleen Gallagher as non-executive director.

Kathleen was appointed to Legal & General Investment Management America’s (LGIMA)*, board in May 2017 and will remain in this role alongside her role as non-executive director on LGIMH’s board.  Previously Kathleen was chief investment officer (CIO) at Ford Motor Company where she had responsibility for investing $66 billion in global retirement assets.  Her oversight encompassed more than 68 DB and 65 DC plans across more than 32 countries where Ford operates, including the $41 billion U.S. fund, one of the largest corporate DB plans in the U.S.  She also served as investment advisor to the trustee board for numerous Ford pension schemes in Europe including the UK.

Mark Zinkula, CEO at LGIM, commented: “We are delighted that Kathleen is joining the board. She has added significant value to our U.S. business, and we look forward to leveraging her experience and perspective to achieve LGIM’s strategic objectives globally.”

Kathleen commented: “I am excited to be joining LGIM’s board at such a pivotal point for the business, which is continuing to evolve and innovate in response to market needs.”

 Kathleen’s appointment boosts female representation on LGIMH’s board to 38%. Legal & General has a broader goal to achieve a 50/50 gender balance across its workforce by 2020. Kathleen’s appointment is subject to FCA approval.

ENDS

Further information

Nicolette Botbol
Media Relations Manager
0203 124 4355
[email protected]
www.lgim.com

Michelle MacMillan
Senior PR Consultant
0203 124 4895
[email protected]
www.lgim.com

Notes to editors

Legal & General Investment Management

Legal & General Investment Management is one of Europe’s largest asset managers and a major global investor, with total assets of £951.1 billion*. We work with a wide range of global clients, including pension schemes, sovereign wealth funds, fund distributors and retail investors.

Throughout the past 40 years we have built our business through understanding what matters most to our clients and transforming this insight into valuable, accessible investment products and solutions. We provide investment expertise across the full spectrum of asset classes including fixed income, equities, commercial property and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.

*LGIM internal data as at 30 June 2017. These figures include assets managed by LGIMA, an SEC Registered Investment Advisor. Data includes derivative positions.