Standard Life Assurance has appointed Ray Greenshields to the Board of the company as a non-executive director with effect from March 1.
Greenshields has previously worked for AMP, Zurich Financial Services and Barclays Bank.
Most recently he held the position of Barclays Wealth Management managing director from 2003 to 2006.
Greenshields was CEO at Zurich Financial Services UK between 2000 and 2002.
Standard Life Assurance chairman Lord Blackwell says: “Ray will be an excellent addition to the Board of Standard Life Assurance Limited and I expect him to contribute greatly to the company’s development in the coming years.
“His substantial experience in the industry as a chief executive and at Board level has given him a deep knowledge of investment, wealth management, protection business and the distribution of financial services.”
Greenshields says: “I am delighted to be joining the Board of Standard Life Assurance Limited at such an exciting stage in its development. I look forward to playing a part in helping to build a successful future for shareholders, intermediaries, customers and our people.”