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LGIM names US unit chief Zinkula as next group CEO

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Legal & General has appointed Mark Zinkula as CEO of its £342 billion asset management arm, Legal & General Investment Management (LGIM).

Since 2008, Zinkula has been CEO of the $18 billion US unit, Legal & General Investment Management America. Before joining LGIM he was global head of fixed income at Aegon Asset Management.

The firm has said that Zinkula’s latest appointment signals LGIM’s commitment to expand in international markets while retaining a leading position in the UK. It intends to continue augmenting its index fund products with an increasingly sophisticated range of actively-managed products.

“Asset management is