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Bright Grey and ScotProv MD steps down

Bright Grey and Scottish Provident managing director Ross Ainslie is stepping down from his role.

Ainslie has been at the Royal London Group, the parent company of Bright Grey and Scottish Provident, for 10 years and will leave his role in August to study for an MSc degree.

Ainslie joined Bright Grey in January 2002 as head of actuarial before being appointed managing director in August 2008. He has led both Royal London protection brands since the acquisition of ScotProv in December 2008. Royal London says an internal successor will be appointed in the coming weeks.

Royal London chief executive of the intermediary division John Deane says: “Ross has made a significant contribution and under his leadership Bright Grey and Scottish Provident have recently announced an excellent set of results.”

Plan Money director Peter Chadborn says: “I have always found Ross an impressive character in terms of his knowledge of the industry and willingness to embrace new ideas, so this will be a loss for Royal London.

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