News March 2017 FRC Board appointment

FRC Board appointment

13 March 2017

PN 14/17

The Financial Reporting Council (FRC) announces the appointment of Mark Zinkula to its Board with effect from 1 April 2017.

Mark is CEO of Legal & General Investment Management (LGIM) and a director of Legal & General Plc. He will take the place of Elizabeth Corley, who is stepping down from the Board after completing her second three year term.

Since 2011 Mark Zinkula has led and developed LGIM across multiple locations and client channels. Prior to his current role, he was CEO of LGIM America for three years, responsible for building a US investment management business focusing on the institutional market. He successfully grew the business throughout the financial crisis.

Sir Win Bischoff, Chairman of the FRC, said,

“I am delighted that Mark will join the FRC Board. His wealth of experience in a wide area of asset classes will be beneficial to the Board and the FRC’s mission to foster investment in the public interest. As CEO of a global asset management business, he will deepen the FRC’s insight into the needs of investors wherever they are based.

“On behalf of the Board I thank Elizabeth Corley for her quite outstanding contribution to the FRC as a member of its Board for six years.”

Notes to editors:

The Financial Reporting Council (FRC) is the UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment. The FRC sets the UK Corporate Governance and Stewardship Codes and UK standards for accounting and actuarial work; monitors and takes action to promote the quality of corporate reporting; and operates independent enforcement arrangements for accountants and actuaries. As the Competent Authority for audit in the UK the FRC sets auditing and ethical standards and monitors and enforces audit quality.