Race to 取って代わる L&G boss in overdrive

By Ian Lyall for MailOnline
Updated: 07:02 BST, 11 March 2005

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INSURER 合法的な & General has stepped up its 追跡（する） for a 後継者 to formidable 長，指導者 (n)役員／(a)執行力のある David Prosser. The Welshman is 予定 to step 負かす／撃墜する in March 2006. L&G is 推定する／予想するd to update 株主s at its 年次の 会合，会う ing on 27 April.

The company has a 独特の culture and is thought likely to favour an 内部の 候補者. 競争相手s 含む 財政／金融 director Andrew Palmer, 53, director of UK 操作／手術s コマドリ Phipps, 53, and Tim Breedon, 45, who runs L&G's 基金 管理／経営 分割. 小売 配当 director Kate Avery, 43, is also believed to be in the running.

Chairman 略奪する Margetts has 任命するd a 会社／堅い of headhunters to scour for an 外部の 候補者.

Keith Satchell, 現在／一般に boss of Friends Provident, is seen as one 可能性. Another is 示す Tucker, passed over in favour of Jonathan Bloomer for the 最高の，を越す 職業 at the Pru and now 財政／金融 director at HBOS. Bloomer himself may become 解放する／自由な but is not likely to be a 前線 走者.

Prosser, 61, has already 延長するd his 退職 date by two years. He is 広範囲にわたって regarded as having steered L&G through 最近の 耐える markets with 技術, thanks おもに to a 井戸／弁護士席-timed £800m 権利s 問題／発行する in 2002.

This year he was embroiled in a 対決 with the 財政上の Services 当局 over mortgage endowment mis-selling that left both 味方するs nursing 負傷させるs.

Prosser is a 非，不，無-(n)役員／(a)執行力のある director of InterContinental Hotels but has 充てるd himself almost 排他的に to L&G rather than 危険 the distraction of outside activities. Whoever takes over from him will be 推定する／予想するd to continue L&G's 戦略 of 有機の growth and relentless thrift.