Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB0008847096 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.80 4.65% 243.10 242.80 243.00 246.00 240.70 241.00 38,943,061 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 63,911.0 1,674.0 13.7 17.8 23,747

Tesco Bank Appoints L&G Chairman John Kingman as Nonexecutive Director

07/10/2019 12:22pm

Dow Jones News

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By Sabela Ojea


Tesco PLC's (TSCO.LN) financial-services arm, Tesco Bank, said Monday that it has appointed Legal & General Group PLC (LGEN.LN) Chairman John Kingman to its board as nonexecutive director, effective Nov. 1.

Mr. Kingman was closely involved in the U.K. government's response to the financial crisis as second permanent secretary to the U.K.'s Treasury, Tesco Bank said.

Mr. Kingman is also known for leading an independent review of the U.K.'s Financial Reporting Council in 2018, for which he recommended to replace it with a new Audit, Reporting and Governance Authority.

Sky News over the weekend reported that Tesco Bank would name Mr. Kingman as its next chairman, replacing Graham Pimlott.


Write to Sabela Ojea at


(END) Dow Jones Newswires

October 07, 2019 07:07 ET (11:07 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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