The boss of mutual life insurer LV=, who led the group’s ill-fated attempt to sell itself to a US private equity firm, is stepping down seven months after the deal failed.
Mark Hartigan said he would stay on as interim chief executive until a successor is appointed.
His departure comes after he faced calls to quit following the botched £530m deal, when LV=’s 1.2 million members voted in December against the proposed sale to Bain Capital.