LGIM preps for Brexit with board appointments

European distribution head among the appointees

Legal & General Investment Management has finalised the board of its Irish management company ahead of Brexit with a trio of hires.

LGIM global head of investment operations Lee Toms, head of European institutional distribution and the German branch Volker Kurr and Europe’s head of finance John Craven take the board to seven members in total.

LGIM Europe chief executive Eve Finn (pictured), also a member of the board, said the region remains a key strategic focus for the £1trn funds giant and it plans to continue expanding its Continental footprint.

“We have the necessary experience and infrastructure in place to support our growth in the region, and to ensure we can continue to service our clients across Europe, regardless of the outcome of negotiations around the UK’s exit from the European Union,” Finn said.

The asset manager now has over 20 employees in its Dublin office, including investment staff, as well as distribution, risk and compliance, finance and legal.

In March, it received authorisation from the Central Bank of Ireland to extend its permissions to individual portfolio management having received authorisation to manage Ucits and alternative investment funds (AIFs) in May 2018.

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