Friends Life heritage chief executive Evelyn Bourke has resigned to join Bupa.
She will continue to lead the business until she leaves in the Autumn, when she will become Bupa’s new chief financial officer. A successor has not yet been named.
Last August, Friends Life revealed plans to separate its operations between open and closed book business with Bourke running the closed book heritage business.
In March this year, Resolution set out proposals to split Friends Life into two separately listed businesses which could be sold off on their own, with Bourke continuing to lead the heritage business.
Friends Life chief executive Andy Briggs says: “We are grateful for the contribution Evelyn has made to Friends Life and wish her well in her new role.”