Press release

L&G appoints Emiel van den Heiligenberg as CIO for the Asset Management business

L&G has today announced the appointment of Emiel van den Heiligenberg, subject to regulatory approval, as the permanent Chief Investment Officer (“CIO”) of its £1.2 trillion Asset Management business.

2 Apr 2026

Full press release

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As CIO, Emiel will lead L&G’s global investment platform, supported by over 400 investment professionals across the business. He will have responsibility for driving the firm’s investment strategy across public markets and fixed income asset classes, research, engagement and its wider responsible investment approach.

Emiel van den Heiligenberg has over 30 years of investment experience delivering for clients across changing market cycles. This includes 12 years leading L&G’s multi-asset business, where he grew its Asset Allocation team to over 65 investment professionals, including strategists, economists, and fund managers, with over £100bn in Assets under Management (AuM), covering a range of investment strategies.

As CIO, Emiel will focus on strengthening L&G’s investment processes, driving long‑term client outcomes, and enhancing collaboration across asset classes from multi-asset and index solutions to fixed income.

The appointment follows the recent announcement that Tim Morris and Philipp Westermann have joined L&G as Global Co-Heads of Real Assets. Tim and Philipp will co-lead L&G’s Global Real Assets proposition with Tim joining the Asset Management Executive Committee, while Philipp will focus on growth opportunities across the real asset platform including the continued growth of Proprium. Together they will provide strategic direction and operational support across the broader L&G Real Assets’ capabilities.

Emiel, Tim and Philipp’s appointments strengthen L&G’s investment leadership and signal the continued delivery against its Asset Management strategy, positioning the firm for long term global growth. With L&G’s investment teams combining deep in house capability and market leading external experience, it is building a more agile, future ready business, with a continued focus on delivering for clients.

Eric Adler, CEO, Asset Management at L&G said: “I’m thrilled to name Emiel as our Chief Investment Officer. As an investment leader with an exemplary track-record, his appointment is a reflection of the depth of experience, tenure and talent L&G is able to leverage to deliver long-term value for our clients globally.”

Emiel van den Heiligenberg, CIO, Asset Management at L&G added: “It is a privilege to be taking on the CIO role, working closely with our incredibly experienced investment leadership team to deliver high-quality client outcomes. As a leading global asset manager, we have strength and depth across key asset classes, with investment talent that allows us to navigate constantly evolving market environments.”

Further information

Andrew Gates

Head of External Communications

Asset Management

T: +44 (0)7702 118262Email Andrew Gates

Established in 1836, L&G is one of the UK's leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY25) of which c. 43% (c. £0.5 trillion) is international. We have a highly synergistic business model, which continues to drive strong returns. We are a leading player in Institutional Retirement, in Retail Savings and Protection, and in Asset Management through both public and private markets. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society.
L&G's Asset Management business is a major global investor across public and private markets, with £1.2 trillion in total assets under management (as at FY25) of which c. 43% (c. £0.5 trillion) is international. Our clients include individual savers, pension scheme members and global institutions.

We provide investment solutions from index-tracking and active funds to liquidity and liability-based risk management strategies.

Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. This reflects L&G’s purpose: ‘Investing for the long term. Our futures depend on it.’

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