31 Jan 2017
Legal & General strengthens Retirement Lending management team
Steve Ellis confirmed as Managing Director of Legal & General Home Finance
Following the recent announcement of Chris Knight as the Managing Director of Legal & General’s Retail Retirement Division, Legal & General has today announced the appointment of Steve Ellis as Managing Director of Legal & General Home Finance. Steve previously held the position of Chief Operating Officer within the business.
Steve has been fundamental to the successful entry of Legal & General into the lifetime mortgage market having led the acquisition of Newlife for the Group in 2014. He has been with Legal & General since 2007 and has previously run a number of operational areas in Corporate Risk and Annuities. Previously, he successfully managed large scale operations for outsourcing organisations and was a management consultant for GE Capital businesses in the UK and US.
Chris Knight, Managing Director, Retail Retirement at Legal & General said:
“’I’m pleased that Steve has accepted the role of Managing Director for our Retirement Lending business. Steve’s appointment brings important continuity to Legal & General Home Finance as the business enters its next phase of rapid innovation and growth.”
Steve Ellis, Managing Director, Legal & General Home Finance said:
“I’m delighted to be continuing the journey with our retirement lending business. We have built a fantastic proposition and market share in the short time that we have been in the Lifetime Mortgage market. We have some exciting plans for 2017 which we expect to help the market continue its strong recent growth.”
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Notes to Editors
About Legal & General
The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions.
The Legal & General Group, established in 1836, is one of the UK’s leading financial services companies. As at 30 June 2015, we had over nine million customers in the UK for our life assurance, pensions, investments and general insurance plans.