Legal & General is lining up a senior Treasury civil servant as its new chairman, the Daily Mail reported.
John Kingman, who is acting permanent secretary at Number 11 and played a key role in the bank bailouts during the financial crisis, is said to be the favourite to become the new chairman of Legal & General.
The newspaper said that the job comes with a £340,000 salary – more than doubling Kingman’s £160,000 pay package at the Treasury.
The report comes just a week after the L&G chairman John Stewart retired.
The Treasury and L&G have declined to comment, but the Daily Mail reported “insiders” said the selection process is still ongoing with several other potential candidates.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
No comments yet