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Cofunds appoints Paul McMahon as strategy director

Cofunds has appointed ex-Axa Elevate managing director Paul McMahon as strategy director on an initial six-month contract.

McMahon was most recently UK chief executive of platform provider FNZ but left the role in March 2013 after less than a year. Prior to FNZ he was group marketing director at Aegon.

He will report into Cofunds chief executive David Hobbs.

Hobbs says: “We have big plans for this business, and having his knowledge and drive at the top table will be invaluable.” 

McMahon adds: “I’m excited to have been asked to work with David and his team to help plan for the next stage of its evolution within the Legal & General Group.”

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