Breedon to become L&G head in 2006

Having been the life insurer’s group director of investments for three years, Breedon will now begin the transition into his new role and become deputy chief executive from Jun 1st before becoming group chief executive in March 2006. Breedon joined L&G 18 years ago and has worked his up through the investment division and joined the board of directors in January 2002, before today being appointed by the board to head the life company.Commenting on his appointment, chairman Rob Margetts, says: “The Board undertook a very rigorous and thorough process in advance of reaching its decision...