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Friends Life appoints Peter Gibbs as independent director

Friends Life has appointed former Merrill Lynch chief investment officer Peter Gibbs as an independent director.

Gibbs will become a member of the board’s investment oversight committee, taking an active role in the development of the provider’s investment strategy.

Friends Life chairman Sir Malcolm Williamson says: “Peter will undoubtedly play an instrumental role as we look to advance the investment processes and capabilities of the new business.”

Gibbs has previously held non-executive roles at Intermediate Capital, UK Financial Investments and Evolution.


Out of context

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Briggs pledge to keep standards

Friends Life chief executive Andy Briggs insists service standards within the newly formed UK Heritage business will not suffer following the decision to divide operations between open and closed book businesses. The decision to split the UK life business, revealed earlier this month by Money Marketing, was confirmed by Resolution in its interim results this […]

Investec Structured Products duo quit

Investec Structured Products head of equities Rob Reid and head of equity derivatives Andrew Brogden have left the firm to pursue other opportunities. Reid and Brogden joined Investec Structured Products in August 2007 from Abbey Financial Markets. Investec Structured Products head of intermediary sales Gary Dale says: “They have decided to leave to pursue other […]

Openwork appoints chief operating officer

Openwork has appointed Aviva interim change delivery director for life and pensions Paul Bridge as chief operating officer. Bridge replaces Mary-Anne McIntyre, who was promoted to become Openwork’s chief executive in June. It was announced in April that former Openwork chief executive Martin Davis was leaving the firm to become Cofunds chief executive. Bridge’s previous […]

Mark Page: “A good time to be a European fund manager”

With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]


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