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{{Use British English|date=February 2018}}
{{Use British English|date=February 2018}}
{{Infobox person
{{Infobox person
| honorific_prefix =
| honorific_prefix = [[Sir]]
| name = Sir Nigel Wilson
| name = Nigel Wilson
| image = Nigel Wilson, Chief Executive of Legal & General Group Plc.jpg
| image = Nigel Wilson, Chief Executive of Legal & General Group Plc.jpg
| caption =
| caption =
Line 13: Line 13:
| death_place =
| death_place =
| nationality = British
| nationality = British
| education = [[University of Essex]]<br> [[Massachusetts Institute of Technology]] (PhD)
| education = [[University of Essex]]<br> [[Massachusetts Institute of Technology]]
| occupation = Businessman
| occupation = Businessman
| years_active = 1977–2023
| years_active = 1977–present
| title = Group CEO, [[Legal & General]]
| title = Group CEO, [[Legal & General]]
| term = 2012–2023
| term = 2012–present
| predecessor =
| predecessor = Tim Breedon
| successor =
| successor = '''Incumbent'''
| children = 5 daughters
| children = 5 daughters
}}
}}
{{Upe|date=December 2023}}
{{Upe|date=December 2023}}
'''Sir Nigel David Wilson''' (born 17 November 1956) is a British businessman. He was the Group Chief Executive (CEO) of Legal & General (L&G) from 2012-2023.
'''Sir Nigel David Wilson''' (born 17 November 1956) is a British businessman. He is the group chief executive (Group CEO) of [[Legal & General]], a British multinational financial services company.


==Knighthood==
==Early life==
Wilson earned a degree in economics from the [[University of Essex]]<ref name=":0">{{Cite news|url=https://www.thetimes.co.uk/article/there-is-so-much-money-around-we-need-to-spend-it-on-our-cities-bk2b2gp8r|title=There is so much money around — we need to spend it on our cities|last=Shah|first=Oliver|date=2016-07-03|work=The Sunday Times|access-date=2018-01-04|issn=0956-1382}}</ref> and a PhD from the [[Massachusetts Institute of Technology]].<ref name=":0" />
Nigel was awarded a Knighthood in the 2022 Queens New Years’ Honours List for services to financial services, regional regeneration and sport.

== Athletics ==
His sporting activity as an athlete is separate from his work-related and public-facing activities. As a veteran national athletics champion in 100m, 200m, 400m and 800m, and keen on many other sports, he provides quiet leadership to younger amateur club-level and school athletes.

== Education ==

* '''1979-1982: [[Massachusetts Institute of Technology]]<ref name=":0">{{Cite news |last=Shah |first=Oliver |date=2016-07-03 |title=There is so much money around — we need to spend it on our cities |work=The Sunday Times |url=https://www.thetimes.co.uk/article/there-is-so-much-money-around-we-need-to-spend-it-on-our-cities-bk2b2gp8r |access-date=2018-01-04 |issn=0956-1382}}</ref>, USA:''' PhD Economics, Awarded two Kennedy Scholarships and Alfred P. Sloan Foundation Grant. Taught statistics and finance and worked at National Bureau of Economic Research and as a computer consultant on complex financial models.
* '''1976-1979: [[University of Essex]]<ref name=":0" />:''' MA and BA Economics (1<sup>st</sup>) – 1<sup>st</sup> in year. Award for outstanding undergraduate dissertation.

== Recent Awards ==

* Britain’s Most Admired Company ‘Overall Winner’ 2022

* Britain’s Most Admired ‘Inspirational Leadership 2022

* Britain’s Most Admired ‘Effective ESG’ 2022
* Britain’s Most Admired ‘Inspirational Leadership’ 2022
* Seven Hills Change Makers ‘Change Maker of the Year’ 2019
* Britain’s Most Admired ‘Admired Leader’ 2017
* City AM's “Business Personality of the Year” 2014

== Government and Policy Engagement ==

* Prime Minister’s Business Advisory Group member, 2015-2016, Build Back Better 2019-2020
* Member of the Levelling Up Committee (2021-)
* Commissioner on Resolution Foundation’s Intergenerational Commission, 2017-2018,
* Member of the expert group’s advising on the government’s Social Care Green Paper (2017-2021) Life Sciences Industrial Strategy Implementation Board (2017-),
* Chairman of the Bank of England’s Climate Financial Risk Forum, Innovation Working Group (2019-2021), Investment Association’s review of Executive Pay (2016), Purpose Led Businesses (2016-17)


==Career==
==Career==
He has been CEO of Legal & General Group since 30 June 2012, having joined as group chief financial officer on 1 September 2009.<ref name="businessweek2">{{cite web|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=974266&ticker=LGEN:LN|archive-url=https://web.archive.org/web/20131203040155/http://investing.businessweek.com/research/stocks/people/person.asp?personId=974266&ticker=LGEN:LN|url-status=dead|archive-date=3 December 2013|title=Nigel D. Wilson : Executive Profile|date=|publisher=BusinessWeek|access-date=20 November 2012}}</ref>
'''2012 to 2023 -''' Legal & General: Group Chief Executive Officer

'''2009 to 2012 -''' Legal & General: Group Chief Financial Officer

'''2010 to 2012 -''' Capita plc: Senior Non-Executive Director

'''2004 to 2011 -''' Halfords Plc: Chairman, Senior Non-Executive Director

'''2001 to 2009 -''' United Business Media Plc: Deputy CEO and CFO

'''1996 to 2001-''' Viridian Group Plc: Chief Executive, Viridian Capital, Group Financial Director


He was [[Knight Bachelor|knighted]] in the [[2022 New Year Honours]] for services to the finance industry and regional development.<ref>{{London Gazette|issue=63571|supp=y|page=N2|date=1 January 2022}}</ref>
'''1993 to 1995 -''' Waste Management International Plc: Finance Director


In September 2022, Wilson turned down the position as Minister for Investment in the [[Government of the United Kingdom|British government]].<ref>{{Cite news |last=Swinford |first=Richard Fletcher Steven |title=City veteran Wilson snubs Truss offer of ministerial job |language=en |url=https://www.thetimes.co.uk/article/city-veteran-wilson-snubs-truss-offer-of-ministerial-job-bhlqcjd6r |access-date=2022-09-29 |issn=0140-0460}}</ref>
'''1992 to 1993 -''' GPA Ltd: Chief Executive


==Media commentator==
'''1988 to 1992 -''' Stanhope Plc: Chief Executive Officer, Finance Director (Chairman for 6 months)
During his period as CEO of Legal & General, Wilson has often been quoted in the media on a range of subjects, usually commenting on government policies which he perceives to be anti-business. His frequently outspoken views led [[The Sunday Times]] to describe him as ‘Marmite’.<ref>{{Cite news|url=https://www.thetimes.co.uk/article/nigel-wilson-l-gs-marmite-man-proves-an-acquired-taste-02f59k6hq|title=Nigel Wilson, L&G’s marmite man, proves an acquired taste. The insurer’s chief executive divides the city with his direct style|last=Dunkley|first=Emma|date=2019-10-13|work=The Sunday Times}}</ref> Controversial opinions expressed by Wilson have included several attempts to encourage the government to allow developers to build housing on [[Green Belt]] land.<ref>{{Cite news|url= https://www.bbc.co.uk/news/business-38828477|title=Housebuilder L&G wants ‘reassessment’ of green belt|last=Ahmed|first=Kamal|date=2017-02-01|work=BBC News website}}</ref><ref>{{Cite news|url=https://www.bbc.co.uk/news/uk-england-oxfordshire-48784335|title=Oxford University plans 2,000 new homes in and around city|date=2019-06-27|work=BBC News website}}</ref> He has also been an outspoken critic of government environmental policy, commenting in relation to [[wind farm|wind farms]] that ‘The government is deluding itself that it is saving the world with these ugly modern windmills’.<ref>{{Cite web|url=https://scotlandagainstspin.org/2013/08/plans-to-build-more-wind-farms-are-deluded-lg-boss-warns-the-government/|title=Plans to build more wind farms are 'deluded', L&G boss warns the government|last=Salmon|first=James|date=2013-08-10|work=Scotland Against Spin}}</ref> Wilson went on to claim that Legal & General, one of the UK’s largest investors, ‘would not put a single penny into wind farms’ (although several years later Legal & General did in fact invest circa £700m in large windfarm developments at [[Walney Wind Farm|Walney]] and [[Hornsea Wind Farm|Hornsea]]<ref>{{Cite news|url=https://group.legalandgeneral.com/zn/newsroom/press-releases/legal-general-completes-financing-on-what-is-soon-to-be-the-largest-wind-farm-in-the-world|title=Legal & General completes financing on what is soon to be the largest windfarm in the world
|date=2018-11-27|work= Legal & General press release}}</ref>).


Wilson has made a number of outspoken political interventions, being described as ‘one of the highest profile supporters of Brexit in the Square Mile’.<ref>{{Cite news|url=https://www.telegraph.co.uk/business/2022/08/09/liz-trusss-tax-cuts-could-trigger-wave-investment-uk-says-lg/|title=Liz Truss’s tax cuts could trigger a wave of investment in the UK, says L&G chief|last=Foy|first=Simon|date=2022-08-09|work=The Daily Telegraph}}</ref><ref>{{Cite news|url=https://www.wsj.com/articles/legal-and-general-ceo-skeptical-about-eu-benefits-1407318772?mod=mw_quote_news|title=L&G Chief Says UK Should Quit EU Without Better Deal|last=Samuel|first=Juliet|date=2014-08-06|work=The Wall Street Journal}}</ref> He also spoke in favour of [[Liz Truss]]’ controversial plans for widespread tax-cuts,<ref>{{Cite news|url=https://www.telegraph.co.uk/business/2022/08/09/liz-trusss-tax-cuts-could-trigger-wave-investment-uk-says-lg/|title=Liz Truss’s tax cuts could trigger a wave of investment in the UK, says L&G chief|last=Foy|first=Simon|date=2022-08-09|work=The Daily Telegraph}}</ref> plans which later played a major part in Truss's ill-fated [[September 2022 United Kingdom mini-budget|mini-budget]].
'''1986 to 1988 -''' Dixons Plc: Group Commercial Director, Head of Corporate Finance and Strategy


==Personal life==
'''1983 to 1986 -''' McKinsey & Co
Wilson has five daughters.<ref name="L&G bio">{{cite web|url=https://www.legalandgeneralgroup.com/people/nigel-wilson/|title=Nigel Wilson|publisher=Legal & General|date=|access-date=12 January 2020}}</ref> He has won several national masters athletics championships.<ref name="L&G bio"/>


==References==
==References==

Revision as of 12:16, 2 January 2024

Sir
Nigel Wilson
Born
Nigel David Wilson

(1956-11-17) 17 November 1956 (age 68)
NationalityBritish
EducationUniversity of Essex
Massachusetts Institute of Technology
OccupationBusinessman
Years active1977–present
TitleGroup CEO, Legal & General
Term2012–present
PredecessorTim Breedon
SuccessorIncumbent
Children5 daughters

Sir Nigel David Wilson (born 17 November 1956) is a British businessman. He is the group chief executive (Group CEO) of Legal & General, a British multinational financial services company.

Early life

Wilson earned a degree in economics from the University of Essex[1] and a PhD from the Massachusetts Institute of Technology.[1]

Career

He has been CEO of Legal & General Group since 30 June 2012, having joined as group chief financial officer on 1 September 2009.[2]

He was knighted in the 2022 New Year Honours for services to the finance industry and regional development.[3]

In September 2022, Wilson turned down the position as Minister for Investment in the British government.[4]

Media commentator

During his period as CEO of Legal & General, Wilson has often been quoted in the media on a range of subjects, usually commenting on government policies which he perceives to be anti-business. His frequently outspoken views led The Sunday Times to describe him as ‘Marmite’.[5] Controversial opinions expressed by Wilson have included several attempts to encourage the government to allow developers to build housing on Green Belt land.[6][7] He has also been an outspoken critic of government environmental policy, commenting in relation to wind farms that ‘The government is deluding itself that it is saving the world with these ugly modern windmills’.[8] Wilson went on to claim that Legal & General, one of the UK’s largest investors, ‘would not put a single penny into wind farms’ (although several years later Legal & General did in fact invest circa £700m in large windfarm developments at Walney and Hornsea[9]).

Wilson has made a number of outspoken political interventions, being described as ‘one of the highest profile supporters of Brexit in the Square Mile’.[10][11] He also spoke in favour of Liz Truss’ controversial plans for widespread tax-cuts,[12] plans which later played a major part in Truss's ill-fated mini-budget.

Personal life

Wilson has five daughters.[13] He has won several national masters athletics championships.[13]

References

  1. ^ a b Shah, Oliver (3 July 2016). "There is so much money around — we need to spend it on our cities". The Sunday Times. ISSN 0956-1382. Retrieved 4 January 2018.
  2. ^ "Nigel D. Wilson : Executive Profile". BusinessWeek. Archived from the original on 3 December 2013. Retrieved 20 November 2012.
  3. ^ "No. 63571". The London Gazette (Supplement). 1 January 2022. p. N2.
  4. ^ Swinford, Richard Fletcher Steven. "City veteran Wilson snubs Truss offer of ministerial job". ISSN 0140-0460. Retrieved 29 September 2022.
  5. ^ Dunkley, Emma (13 October 2019). "Nigel Wilson, L&G's marmite man, proves an acquired taste. The insurer's chief executive divides the city with his direct style". The Sunday Times.
  6. ^ Ahmed, Kamal (1 February 2017). "Housebuilder L&G wants 'reassessment' of green belt". BBC News website.
  7. ^ "Oxford University plans 2,000 new homes in and around city". BBC News website. 27 June 2019.
  8. ^ Salmon, James (10 August 2013). "Plans to build more wind farms are 'deluded', L&G boss warns the government". Scotland Against Spin.
  9. ^ "Legal & General completes financing on what is soon to be the largest windfarm in the world". Legal & General press release. 27 November 2018.
  10. ^ Foy, Simon (9 August 2022). "Liz Truss's tax cuts could trigger a wave of investment in the UK, says L&G chief". The Daily Telegraph.
  11. ^ Samuel, Juliet (6 August 2014). "L&G Chief Says UK Should Quit EU Without Better Deal". The Wall Street Journal.
  12. ^ Foy, Simon (9 August 2022). "Liz Truss's tax cuts could trigger a wave of investment in the UK, says L&G chief". The Daily Telegraph.
  13. ^ a b "Nigel Wilson". Legal & General. Retrieved 12 January 2020.


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