Craig Brown replaces Claire Singleton as L&G Home Finance CEO

Craig Brown, currently director of intermediary for Legal & General Insurance, will take over as CEO of L&G Home Finance.

Craig joined L&G in 2012 and has held several senior commercial and operational roles during that time, most recently leading the distribution of protection products via intermediaries.

Craig will now lead the division in its mission to transition later life mortgages into mainstream retirement planning – a key ambition of the newly formed Legal & General Retail division, led by CEO, Bernie Hickman.

In further changes, L&G Home Finance has appointed Andrew Gilbert as product director and Paula Hughes as head of business development.

Andrew joins from JUST where he worked in growth and innovation and was previously proposition director of savings and retirement at LV.

Paula has re-joined Legal & General, having left in 2017 after 17 years in the business. Paula’s new role follows periods spent at Nationwide and Key Group.

When Craig Brown moves to his new role, Julie Godley will take up the position of director of intermediary on an interim basis.

Bernie Hickman, CEO of Legal & General Retail, said: “Having co-founded Legal & General Home Finance in 2015, I remain passionate about the potential value of property to achieving better retirement outcomes for people in later life. Lifetime and RIO mortgages can help meet a diverse range of challenges across customer demographics, from interest-only mortgage capital repayments to wealth planning. Craig brings both an essential understanding of the intermediary landscape and broad commercial experience, making him ideally placed to grow our market share.”

Craig Brown commented: “I’m absolutely delighted to be continuing my career at Legal & General with this new position, and I’m looking forward to working with a talented team of individuals to develop and grow what is already an excellent business. I think there is a huge opportunity with the growing relevance of property to people’s long-term planning, to move later life lending into the mainstream – and I believe Legal & General can play a key role in leading this transition.”