Legal & General Re announces appointment of Amy Ellison as new CEO

07/01/2021

Legal & General Reinsurance (L&G Re), the international reinsurance business of the Legal & General Group (L&G), today announces the appointment of Amy Ellison as Chief Executive Officer.

BERMUDA, June 01, 2021 (PRESS RELEASE) --,Amy, a chartered accountant who has more than 20 years of financial-services industry experience, moves from within the L&G Group, having served in senior management roles in the UK since she joined the group in November 2016. Most recently, she served as Finance Director, Defined Contribution (including Workplace Savings) and Retail for L&G Investment Management for two-and-a-half years. Prior to that, she was the Head of Audit for four of L&G's businesses.

Alongside Amy's responsibilities for financial strategy and performance, she has held several governance roles at Legal & General, including as a director on the L&G UCITS ETF plc Board and as the Chair of LGIM's Asset Pricing and Valuations Committee.

In addition to her work with the L&G Group, Amy also served the UK Government's Department for Business, Energy and Industrial Strategy (BEIS) as Senior Policy Lead in the Independent Review of the Financial Reporting Council over an eight-month period in 2018.

Amy will succeed Thomas Olunloyo, who has been with L&G Re since its launch in 2014 and has served as CEO since 2017. Thomas will be relocating to the US, joining Legal & General America (LGA) as Executive Vice President and Deputy CEO to lead a larger team and reach millions of new customers.

Before joining Legal & General, Amy worked for more than 15 years at PwC. Based in the UK and Australia, she was responsible for the delivery of audits and assurance services to global listed insurance and asset management clients.

About Legal & General Re

We specialise in providing life reinsurance solutions to companies across the globe. We are part of the L&G Group that has over 180 years of knowledge and expertise in insurance. We aim to deliver bespoke solutions to meet the specific needs of our customers. Our mission is to drive the international growth of LGRI outside of the UK and US, and since 2014 we have written business in the Netherlands, Ireland and Canada in addition to our annuity reinsurance of LGAS.