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Legal & General May Name Wilson as Chief Executive, Sky Reports

Legal & General Group Plc. (LGEN), an insurance and pension provider that is the biggest investor in the U.K. stock market, may name current finance director Nigel Wilson as its new chief executive officer next week, Sky said, citing people close to the matter.

Wilson, whose appointment is subject to the approval of the Financial Services Authority, would succeed Tim Breedon who will step down later this year, Sky reported. L&G declined to comment, it said.

To contact the reporter on this story: Neil Callanan in London at ncallanan@bloomberg.net

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net.

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