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Origen MD Stephen Greenstreet resigns

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Stephen Greenstreet has resigned as managing director of Aegon owned distribution arm Origen.

Greenstreet (pictured) has held the position since June 2006 and Aegon’s executive chairman of distribution Patrick Gale will stand in while a permanent replacement is found.

Aegon say Greenstreet wants to pursue alternative opportunities in Financial Services.

Gale was Sesame Group chief executive from 2000 to 2007 and was appointed executive director for distribution in June. Regulatory approval of his appointment is still pending.

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Comments

There are 3 comments at the moment, we would love to hear your opinion too.

  1. I wish him all the best but am surprised he lasted as long as he did. He should look back at what he planned to do at Origen when he became MD in terms of number of advisers and profits. He should then compare this with what he actually acheived.

    God help who ever he joins.

  2. He has had 6 years in the job and failed to make the company a profit…. No proper management – the company is a joke and needs to be sold to a better managed company.

  3. Denise Williams 21st July 2011 at 12:53 pm

    Have to agree with other comments about this guy. Promises the earth and delivers nothing. Take it from a former employee with many years service he achieved very little of what he promised and got little respect from the employees. Just hope he doesn’t come to the company I work for now or they will be doomed as well.

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