One of the North East’s most prominent business leaders has announced his intention to retire.
Sir Nigel Wilson, who was born in County Durham, has been chief executive of pensions and investment group Legal & General for more than a decade. His time at L&G has seen the group focus significant investments into the UK regions, including more than £165m to boost the Newcastle Helix and Riverside Sunderland schemes.
He has told the company of his intention to retire, though is likely to stay in post for the next year while a replacement is found.
