Legal & General Investment Management has announced its London-based head of investment will be moving to Chicago to become chief executive of its US business.
Aaron Meder will transition into the role over the next few months, according to LGIM.
Anton Eser, currently co-head of LGIM’s global fixed income business, will succeed Meder when he takes up his new role. Eser in turn will be replaced by head of euro credit Colin Reedie.
Chief executive Mark Zinkula says: “Aaron’s strategic vision will help drive the next phase of growth in the US business, as it expands into new markets and further develops its capabilities.”
“Anton brings a wealth of leadership and investment experience to the role of CIO. His deep knowledge of our business, clients and the industry will ensure we are well placed for the increasingly competitive industry in which we operate.”
Meder replaces interim chief executive John Bender, who has been been in the role since the departure of Robert Moore.