L&G appoints Andrew Kail CEO of PRT division

Legal & General (L&G) today announced the appointment of Andrew Kail as Chief Executive Officer (CEO) of Legal & General Retirement Institutional, the group’s retirement risk transfer (PRT) arm, effective January 1, 2022.

Kail succeeds Laura Mason as CEO of the division, who became CEO of Legal & General Capital after successfully leading the company since January 2018.

After spending three decades at PwC in numerous roles, Kail joined Legal & General Retail Retirement in 2021.

During his tenure at PwC, he held the position of Head of Financial Services, where he led the company’s 6,000 teams in the areas of asset and wealth management, banking, insurance and real estate. Earlier in his career, he worked in the audit, strategy, regulation and technology units of PwC.

Commenting on her new role, Kail said, “It is a great privilege to lead such a successful global team in the Retirement Risk Transfer (PRT) markets.

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“There are still significant opportunities for Legal & General to help pension plans reduce risk, in the UK and internationally, through collaboration, innovation and building on knowledge. strength of the Legal & General group.

“We provide additional security and world-class customer service to program members while investing their savings in their communities and environment, thereby improving local economies. “

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