L&G Investments' managing director of investments Simon Ellis has left the firm.
He will be replaced by Simon Pistell, currently managing director for individual wealth at L&G.
Ellis (pictured), a well known figure in the industry, has held roles at Fidelity International, AXA Investment Management and Henderson Global Investors.
He joined L&G Investments in October 2009 to head up the group's unit trust business.
£1bn business since inception
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