Friends Life UK chief executive David Hynam is stepping down after only seven months in the role with international chief executive John Van Der Wielen taking on his duties as part of an expanded remit.
Hynam was appointed to the role last November.
Former Clerical Medical chief executive Van Der Wielen joined Friends Life in November 2011. He will report to group chief executive Andy Briggs.
James Tan has been appointed managing director of Friends Provident International, based in Hong Kong.
Friends Life group chief executive Andy Briggs says: “The strategy remains unchanged for our UK and international divisions and they will continue to operate separately. I would also like to thank David Hynam for his contribution in establishing our UK division and wish him well for the future.”
Richard Jacobs Pension and Trustee Services managing director Richard Jacobs says: “We are not voluntarily giving Friends Life new business until it strengthens its management team. This is a good move but I need to see more as we are still very worried about it.”