Legal & General Retail says that Natalie Hyett will become its new partnerships director, replacing Claire Beardmore as she prepares for retirement.

Hyett (pictured), who is currently growth director at the business, will take up her new role at the end of February next year.

The financial services firm says that Hyett has worked in L&G’s Retail division for the past five years in a variety of roles across distribution, product and propositions, transformation, and fintech investments.

It adds: “Her deep understanding of Legal & General’s markets, and her experience leading teams across different areas, puts her in a unique position for this role.”

Hyett points out that she is looking forward to “exploring what opportunities are ahead of us.”

Legal & General Retail managing director, distribution, Ali Crossley says that Beardmore has played a key role at the unit over the last four years.

Crossley adds: “Claire joined Legal & General in January 2020, just weeks before the world changed with the first lockdown. Despite the challenges that followed, Claire’s calm and focused leadership helped steer the team through uncertain times.

“Her dedication and leadership have fostered a deep sense of trust and reliability among our partners, ensuring strong and enduring relationships that have been pivotal to our success.”

Beardmore says: “I know the new team will continue to strengthen these partnerships and I hope to stay in touch and hear how things are going in the future.”