LGIMA announces appointment of Robert J. Moore as Chief Executive Officer

CHICAGO, March 4, 2015 /PRNewswire/ -- Legal & General Investment Management America, Inc. (LGIMA), a Chicago-based registered investment advisor, is pleased to announce that Robert J. Moore has been appointed as Chief Executive Officer. Mr. Moore, who has most recently been President, LPL Financial, will take up his new role in early April and will be based in Chicago reporting to Mark Zinkula, Chairman of the LGIMA Board and Chief Executive Officer of Legal & General Investment Management.

Robert Moore, an LGIMA board member since 2008, succeeds Mike Craston, who has served as Chief Executive Officer of LGIMA since 2011. Mike Craston will continue in his role as Vice-Chairman of LGIMA.

Mark Zinkula commented: "We are extremely excited for Robert to lead our North American operations and apply his extensive industry experience as we continue to grow our business and remain a market leader. Robert has served as one of our independent directors for the past six years and has a true passion for the relationships we have built and the innovative solutions we bring to the North America market.  He joins a strong team that is well positioned for sustainable growth."

LGIMA manages institutional assets in excess of $110 billion and participates in the global investment team overseeing total assets of $1,105 billion as at December 31, 2014.

Mike Craston said: "We are delighted that Robert is taking up this key leadership role at LGIMA and attracting an individual of this caliber underscores the importance and success of our US business. His background and knowledge of our business ideally qualify him to lead the next stage of our growth."

LGIMA has delivered a strong track record of growth since it was established in 2006. The team has successfully grown its LDI and Fixed Income market share in the corporate pension space and is now building its Index capabilities and expanding into the DC market.

"Joining LGIMA is an exceptional opportunity to lead a talented team and shape the future of a thriving global asset management firm," Mr. Moore explained. "The proven track record of delivery and access to global resources is distinctive at a time when pressing needs for addressing retirement planning and savings are of utmost importance."

Media Contact:

Name: Jacquelyn Wilder
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Notes to editors:

Legal & General Investment Management America, Inc. (LGIMA) is a Chicago-based registered investment advisor specializing in fixed income and liability driven investment (LDI) strategies for the US institutional market. LGIMA was founded in 2006 as a wholly-owned subsidiary of Legal & General Investment Management (Holdings) Ltd., which also owns its affiliates Legal & General Investment Management Ltd. and LGIM International Ltd. Legal & General's worldwide total assets are approximately $1,105 billion*. In May 2014, LGIMA became a wholly owned subsidiary of Legal & General Investment Management US (Holdings) (LGIMUS(H)).

* As at December 31, 2014.

Biography

Robert Moore – Chief Executive Officer, LGIMA

Robert Moore joins Legal & General Investment Management America as Chief Executive Officer with effect from April 2015. Until March 2015, he serves as president of LPL Financial with oversight of the company's primary client-facing functions, client service and operations teams. After joining LPL Financial in 2008 as CFO, he transitioned to the role of President in 2012. Prior to LPL Financial, Robert served as Chief Executive Officer and Chief Financial Officer at ABN AMRO North America and LaSalle Bank Corporation. Robert also held a number of finance management positions, ultimately serving as Chief Financial Officer of Diageo PLC in Europe and the UK. Robert is Chairman of the Insured Retirement Institute (IRI) board of directors, a member of the board of the Securities Industry and Financial Markets Association (SIFMA), a member of the board of the Financial Services Institute, and a member of the Financial Services Roundtable. He is also on the University of Texas at Austin Development Board. He holds a Bachelor of Business Administration in Finance from the University of Texas at Austin and a Master of Management in finance, marketing, and international business from Northwestern University. He is a CFA charterholder.

SOURCE Legal & General Investment Management America, Inc.