Mackay, previously pensions marketing manager at Skandia, returns in an elevated role as head of marketing across life and pensions.
He will be responsible for developing Skandia’s range of MultiManager life and pensions products, reporting to Skandia UK group CEO Nick Poyntz-Wright.
Mackay says: “This decision is purely about the opportunity I have been offered at Skandia. The business model at Skandia is ideally suited to today’s market and as a result the company is experiencing significant growth. Having access to the best elements of both Skandia and Selestia will only enhance this and the opportunity to play a part in shaping the future product is very attractive.”
Poyntz-Wright says: “Billy is recognised as a leading and influential figure in the financial services industry and has nine years experience of the Skandia business. I am delighted that he has agreed to take on this expanded role at what is undoubtedly an exciting time for the Skandia UK group.”