LONDON, June 17 (Reuters) - Legal & General unveiled a new chief financial officer and a revamp of itsmanagement structure on Monday, taking further key steps in thereorganisation of its 440 billion pounds ($690 billion) savings,pensions and insurance business.
The company has appointed Mark Gregory, currently head ofits savings business, to the role of group chief financialofficer with effect from July 1.
John Pollock will assume responsibility for creating anintegrated protection and savings business following Gregory'spromotion.
In addition, Legal & General has handed Mark Zinkularesponsibility for running the unit trust business of Legal &General Investments, which will become part of Legal & GeneralInvestment Management.
The annuities business will become a separate businessdivision led by Kerrigan Procter.
"The successful turnaround of the Savings business nowenables us to re-organise our business in a way which bestreflects customer needs," Nigel Wilson, Group Chief Executive,said in a statement.