LONDON, Sept 16 (Reuters) - Life insurance and pensionscompany Legal & General said on Tuesday that its boardmember responsible for the firm's protections and savingsbusiness would retire.
John Pollock, executive director and CEO of the Legal &General Assurance Society, plans to retire at the firm's nextannual general meeting in May 2015, L&G said in a statement.
The protections and savings business provided over 6 millionindividual customers and over 8,000 corporate schemes with lifeinsurance, general insurance and savings plans, producing anoperating profit of 444 million pounds ($718.04 million) in 2013and "a strong performance" in the first half of 2014, thecompany said.
($1 = 0.6184 British Pounds) (Reporting by Carolyn Cohn; editing by Simon Jessop)