Directorate change
Summary by AI BETAClose X
Legal & General Group Plc announces the appointment of Stephen Shelley as an Independent Non-Executive Director
The Board of Legal & General Group Plc (the "Company") is pleased to announce the appointment of Stephen Shelley as an independent non-executive director with effect from 1 December 2026. Stephen will join the Group Risk Committee and Group Audit Committee on appointment.
Stephen is currently Group Chief Risk Officer of Lloyds Banking Group plc1. Stephen brings a wealth of executive experience in financial services and risk management including operating within highly complex and regulated environments. Prior to joining Lloyds Banking Group, Stephen held senior roles at Barclays Bank PLC, including Chief Risk Officer at Barclays Corporate and the UK Commercial Bank and prior to that, he was the Chief Credit Officer for the UK Retail and Corporate business.
There are no other matters that require disclosure under 6.4.8R of the UK Listing Rules.
About L&G
Established in 1836, L&G is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY25) of which c. 43% (c. £0.5 trillion) is international.
We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
As at 29 July 2026, L&G had a market capitalisation of £16.4 billion.
Name: Maria Alvarez-Scott
Role: Group General Counsel and Company Secretary
Date: 30 July 2026
1 Stephen will retire from his role as Group Chief Risk Officer of Lloyds Banking Group plc in October 2026.
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