L&G appoints Nigel Drury as new Chief Risk Officer for Asset Management
21 APR, 2026
By Joanna Piwko from RankiaPro Europe
Legal & General announces the appointment, currently pending approval, of Nigel Drury as the new Chief Risk Officer for the Asset Management branch. Drury will lead the risk and governance practices and oversee investment risks and compliance for a business that currently manages about 1.35 trillion euros in assets.
The entry also includes his involvement in the risk management leadership team, effective from May 18.
"I am very pleased to join L&G at such a crucial time for the company. As a major global investor, the company has long established the highest standards for rigorous risk management, essential to deliver results in line with customer expectations. I look forward to starting to work with colleagues across the organization".
Nigel Drury, CRO of L&G, Asset Management division
Experience and background
With over 30 years of experience in the banking, asset and wealth management sectors, Nigel Drury has held senior positions at Schroders, where he served as Chief Risk Officer, and previously at JPMorgan and ABN AMRO/RBS.
Throughout his career, he has consistently collaborated with UK regulators, including PRA and FCA, developing a solid expertise in board-level governance.
Implications for L&G's Asset Management area
In his new role, Drury will report directly to Chris Knight, Group CRO, and to Eric Adler, CEO of L&G's Asset Management. The appointment follows closely that of Emiel van den Heiligenberg as CIO of the same business and further strengthens the executive team of the AM area.
The inclusion aims to align governance, risk and financial objectives, supporting the next phase of the group's long-term global growth strategy. By enhancing skills and risk control, L&G aims for a more agile and future-ready organization, with constant attention to customer satisfaction.
"Nigel has distinguished himself with his vast experience and the solidity of his curriculum. We were impressed by how he manages to combine deep technical expertise and people-oriented leadership. Nigel will play a crucial role in realizing the next phase of our growth and I look forward to welcoming him in May".
Eric Adler, CEO of L&G, Asset Management division
