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L&G appoints JP Morgan Chase director to board

Legal & General Investment Management has appointed Kevin Carter as a non-executive director.

Carter joins from JP Morgan Chase where he was managing director for EMEA global pensions advisory.

Previously he spent five years at Watson Wyatt, latterly as head of investment consulting.

LGIM chief executive Peter Chambers says: “Kevin is a tremendous addition to LGIM. He brings a wealth of experience and expertise which will be much appreciated as LGIM continues to develop its franchise.”


Prudent shall ensure value

Last week, I focused on the importance and potentially strong commercial benefit in adopting a “provocation-based” approach to doing business with existing clients and to acquiring new clients – of the right type.

B&B reveals £500m write-offs

Bradford & Bingley has revealed mortgage write-offs of more than £500m in 2008 and predicts more to come over the coming year.


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