Friends Life has appointed former Lloyds Banking Group general insurance managing director Rosie Harris as chief risk officer.
Harris will be responsible for managing the strategic and operational risk management and governance framework at Friends Life and will report to chief executive Andy Briggs. She will join in April.
Harris will replace interim chief risk officer Melanie McLaren, who was business risk director until August when Friends split its operations between an open and closed book of business. McLaren is leaving Friends to join the Financial Reporting Council as executive director of codes and standards.
Briggs says: “Harris will maintain and enhance the rigour, control and oversight to Friends Life’s operations as we continue to grow and develop our business through the challenges presented by market conditions.”
Syndaxi Chartered Financial Planners managing director Robert Reid says: “In a week where the FSA has published no fewer than seven papers, it does not come as a surprise to see firms appointing people to roles such as this.”