The CEO of Legal & General Investment Management has announced he is stepping down after five years in the role.
Peter Chambers told colleagues yesterday of his decision to retire in September, the Financial Times reports. He says he intends to spend a quiet summer with his young family and will not make any decisions over his future until the autumn. Since his appointment in November 2005, LGIM's assets under management have risen from £233bn to £315bn. Before joining LGIM, Chambers was CEO of Framlington, CIO of Gartmore, chief investment strategist at James Capel - as well as a former head of international equities at Citibank Global Asset Management.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
