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Insurance giant Legal & General today confirmed the appointment of John Stewart as its new non-executive chairman.
The news follows an almost year-long search to replace outgoing chairman Rob Margetts, who held the position for nearly 10 years.
Stewart, 60, who will start in March, was deputy chief executive at Barclays between 2000 and 2003, when he took up the chief executive's job at National Australia Bank.
He is a non-executive director of communications firm Telstra and was recently appointed a director of the court of the Bank of England.
L&G's vice chairman David Walker said the company was pleased with Stewart's “strong international experience”.
