Legal & General Group Plc announces the appointment of Clare Bousfield as a Non-Executive Director

16 August 2024

The Board of Legal & General Group Plc (the "Company") is pleased to announce the appointment of Clare Bousfield as an independent non-executive director of the Company with effect from 1 December 2024. Clare will join the Group Risk Committee, Group Data and Technology Committee and Group Nominations and Corporate Governance Committee on appointment.

Clare brings extensive UK financial services experience from her roles at M&G Plc, where she served as both Group CFO and latterly CEO, Retail & Savings. Prior to M&G's demerger from Prudential, Clare served as CEO, Insurance for Prudential UK & Europe. Prior to her time at Prudential, Clare held various senior roles at Aegon and Swiss Re Group, having started her career at PwC.

Clare is currently a non-executive director of Bupa, a non-executive director and chair of the audit and risk committee of IVC Evidensia (a major global veterinary business), a non-executive director and chair of the risk committee of Nucleus Financial Platforms (an investment administration provider with £90bn of assets under management) and a non-executive director at Recipharm (a pharmaceutical contract development and maufacturing organisation (CDMO)).

Clare was a director of RSA Insurance Group plc (and chair of the audit committee) from 2020 to the group's delisting in 2021 (and thereafter until 2022).  There is no other additional information required to be disclosed in relation to Clare Bousfield pursuant to LR 9.6.13R of the Listing Rules of the Financial Conduct Authority.

Sir John Kingman, Group Chair, said:

"I am delighted to welcome Clare to the Group Board. Clare brings deep experience across insurance in both an executive and non-executive capacity. Clare's expertise will reinforce the Board's oversight as Legal & General executes its strategy, and I very much look forward to working with her."

-ENDS-

Notes to Editors

Legal & General Group Plc

Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with £1.1 trillion in total assets under management (as at HY24) of which c40% (circa £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 15 August 2024, Legal & General has a market capitalisation of £13.6billion.