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Insight’s Nauphal to lead SWIP

Insight Investment managing director Abdallah Nauphal has been appointed to head up the Scottish Widows Investment Partnership business.

Nauphal will continue in his current role but will also take on responsibility of running and developing the SWIP business.

A Lloyds Banking group spokesman says: “Our two asset management businesses have complementary strengths and overlapping functions. A single leader will allow us to better combine them to serve customer needs.”

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