View more on these topics

Old Mutual Wealth hires non-execs from Aviva and EY

Old Mutual Wealth 2014

Old Mutual Wealth has appointed three independent non-executive directors to its board including Aviva’s chief risk officer and a former chief financial officer from Friends Life.

Rosie Harris will become chair of the board risk committee in April. She is retiring from her role as chief risk officer at Aviva and has previously worked as group chief risk officer at Friends Life and held senior roles at Lloyds Bank.

George Reid joined the audit and board risk committee this month, and has held senior senior executive roles at Standard Life and EY.

Alliance Trust Savings chairman Tim Tookey has been appointed to chair the board audit committee, and also joined the board earlier this month.

Old Mutual Wealth independent non-executive chairman Glyn Jones says: “I am delighted to announce three strong non-executive appointments to the Old Mutual Wealth board.

“Rosie, George and Tim between them bring an enormous depth and breadth of relevant industry and senior management experience, as well as FTSE 100 and other non-executive experience.

“These further appointments will help prepare the Old Mutual Wealth business for its managed separation from the Old Mutual Group.”

Moira Kilcoyne, formerly at Morgan Stanley, and Cathy Turner, a non-executive director at Aldermore Bank, joined OMW’s board in December 2016.

Recommended

USA-Dollars-Cash-Money-700x450.jpg

Fresh bidders circle Old Mutual’s US asset management arm

Old Mutual has held sale talks for a $900m (£719m) main stake in its US asset management business with suitors including Advent and HNA Group. The insurer has held initial meetings with interested buyers for Old Mutual Asset Management but has not worked out a final agreement, according to the Financial Times. HNA Group is […]

S Harper Attivo 700

Old Mutual Wealth acquires DFM Attivo

Old Mutual Wealth’s Quilter Cheviot has acquired the discretionary investment arm of Attivo Group for an undisclosed sum. The deal is expected to complete by the end of March, and adds £300m in assets under management. Attivo Investment Management’s clients will be managed jointly between Quilter Cheviot’s Bristol and London offices. The acquisition has already […]

UK-Currency-Money-Coin-Pounds-GBP-700x450.jpg

Ascentric boss: Replatforming costs show Royal London’s commitment to advisers

Royal London’s investment to replatform Ascentric shows the provider is committed to the platform, chief executive Jon Taylor says. Ascentric today announced changes to its pricing structure and Taylor says a common question from advisers involved in research about the fees was the platform’s position within Royal London given the “turmoil” in the market. He says: […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment