LGIM appoints new COO
Legal & General Investment Management (LGIM) has today announced the appointment of Michael Marks as Chief Operating Officer (COO)*. Michael will report to Mark Zinkula, CEO of LGIM and will join the company at the end of June.
Michael will be responsible for strategic change management, investment operations, IT and the data management office. His track record involves building several successful businesses during his 28-year career at BlackRock
Mark Zinkula said: “Michael brings extensive commercial and operational experience in building and running innovative businesses. His client focus, high energy and entrepreneurial drive will make him an excellent addition to LGIM.”
Michael Marks said: “I am delighted to join LGIM at such an exciting time for the company and the asset-management industry in general. I look forward to working with people across the business to help clients achieve their objectives.”
*Subject to regulatory approval.
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LEGAL & GENERAL INVESTMENT MANAGEMENT:
Legal & General Investment Management (LGIM) is one of Europe’s largest institutional asset managers and a major global investor. LGIM manages £757 billion in assets for more than 3,000 clients*. 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 a full spectrum of asset classes including equities, fixed income, commercial property and cash. Our capabilities range from index-tracking and active strategies to liquidity management and liability-based risk management solutions.
*Source: LGIM as at 31 December 2015