L&G appoints Sir John Kingman chairman

Legal & General has appointed mathematician Sir John Kingman, best known for his queuing theory, as chairman effective from 24 October.

Sir John will replace interim chairman Rudy Markham, who remain on the bard as non-executive director until the next shareholder meeting in 2017.

Julia Wilson, senior independent director, thanked Markham for his “wisdom, guidance and stewardship during his years on the board and particularly for assuming the chairmanship over the last few months”.

Sir John previously held directorships at IBM from 1985 to 1995 and SmithKline Beecham from 1986 to 1989.