Legal & General Group on Monday named Scott Wheway to succeed Sir John Kingman as its next chair.
Wheway will join the board as chair designate on Jan. 2, 2026, and will take over the role following the company's annual general meeting on May 21, 2026, the company said.
At that point, Kingman will step down after nine years of service.
Wheway is currently the chair of Scottish Widows Group and a non-executive director at Lloyds Banking Group, positions he will step down from on Oct. 31, 2025.
His previous experience includes serving as chair of Centrica, AXA UK, and Aviva Insurance.
The appointment is the latest leadership change at the British insurer, which appointed António Simões as group chief executive in 2023 and recently named a new chief financial officer.
"It is an honour to be appointed as Chair designate of L&G, one the UK's most eminent and consequential companies," Wheway said in a statement.
"I look forward to working with the L&G Board, António and his wider leadership team, to accelerate the delivery of the Group's strategy and further enhance the value L&G generates for all of its stakeholders."
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