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Business News

Prettejohn joins Legal & General

The former boss of Lloyds of London resurfaced yesterday, taking a job as a non-executive director of life insurer Legal & General. Nick Prettejohn, a contemporary of the Foreign Minister William Hague at Oxford, will join the company's remuneration committee – charged with setting boardroom pay – and its risk committee as part of the role.

Mr Prettejohn was previously chief executive of Prudential's UK business but missed out on the top job at the troubled life insurer, which failed in a bid to takeover Asian giant AIA.