Ali Toutounchi has been appointed as a trustee of the Legal & General Mastertrust and a member of the Legal & General Independent Governance Committee (IGC.) He will also become the chairman of the Mastertrust’s investment committee.

Commenting on the appointment Paul Trickett, chairman of the Legal & General Mastertrust said: “His wealth of investment experience will be of huge benefit as we continue to focus on ensuring members get the best value from their pension contributions.”

Toutounchi has worked at Legal & General for over 20 years, most recently as managing director for Legal & General Investment Management’s global index funds. He also held senior roles at NatWest Securities, UBS Asset Management and Wood Mackenzie Stockbrokers. He is a member of the FTSE Policy Group.