LGIM names BlackRock man as new COO

Added 7th June 2016

Legal & General Investment Management has appointed Michael Marks as chief operating officer.

LGIM names BlackRock man as new COO

He joins following a 28 year spell at Blackrock.

Marks will join the company at the end of June, reporting to CEO Mark Zinkula. He will be responsible for strategic change management, investment operations, IT and the data management office.

The vacancy was created by the exit of Simon Thompson who left the firm at the beginning of February this year to take a sabbatical from the industry.

LGIM said Marks has a track record of “building several successful businesses” during his time at BlackRock.

Zinkula said: “Michael brings extensive commercial and operational experience in building and running innovative businesses. His client focus, high energy and entrepreneurial drive will make him an excellent addition to LGIM.”

 “I am delighted to join LGIM at such an exciting time for the company and the asset-management industry in general. I look forward to working with people across the business to help clients achieve their objectives,” added Marks. 

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Alex Sebastian

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Alex joined Portfolio Adviser in April 2014 and has been a financial journalist since 2008. He has previously held editorial positions at the Financial Times Group and Euromoney Institutional Investor. Alex is NCTJ qualified and has a degree in economics from the University of Sussex.



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