Financial Times FT.com

L&G set to appoint John Stewart as chairman

By Kate Burgess and Paul J Davies

Published: November 20 2009 10:34 | Last updated: November 20 2009 20:16

Legal & General hopes to name John Stewart, the former head of National Australia Bank, as its new chairman by the end of next week.

The UK’s third-biggest life and pensions company has spent almost a year searching for a replacement for Sir Rob Margetts, its chairman of the past decade, while simultaneously dealing with the financial crisis and replacing its finance director.

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