Rob Devey has replaced Andrew Fisher as chief executive of Towry, subject to FCA approval. Devey was an executive director of Prudential and chief executive of Prudential UK & Europe between 2009 and 2013. Fisher leaves Towry after 10 years with the company, having joined as chairman in 2004 and become chief executive in 2006.
Lloyds Banking Group has appointed Nick Prettejohn as chairman of Scottish Widows, with effect from 23 June. Prettejohn replaces Lord Norman Blackwell, who became Lloyds Banking Group chairman in April following the retirement of Win Bischoff. Until recently, Prettejohn was a non-executive director of the Prudential Regulation Authority and served as chief executive of Prudential UK & Europe between 2006 and 2008. In his new role at Scottish Widows, Prettejohn will also serve as a member of the audit and risk committees at Lloyds.
Canada Life UK chief executive Ian Gilmour has stepped down after 17 years with the provider and will be replaced by the firm’s UK chief operating officer, Douglas Brown, at the end of May. Brown joined Canada Life in 2012, having previously worked as chief risk officer at Aviva Europe and AIG, where he was general manager of the Alico UK branch.
The FCA has appointed David Saunders and Gunner Burkhart as senior advisers. Saunders was formerly chief executive of the Competition Commission and will work with the competition department within the FCA and the forthcoming Payment Services Regulator to support them in promoting effective competition. He will also work with other business areas to ensure competition issues are addressed. Burkhart will advise the FCA on wholesale and markets issues. He has over 30 years’ experience in investment banking and asset management. Most recently, he was a managing director at Nomura International.
Scottish Widows has created the role of director of annuities and retirement income for Stuart Paton Evans. Paton Evans, who has almost 25 years’ experience in the insurance industry, has previously held senior roles at Hannover Re, Swiss Re and GE Insurance Solutions. In his new role he will report to Scottish Widows director of annuities, bancassurance and protection Richard Jones.
Former Whitechurch Network managing director Ian McIver has joined support services firm IFA Compliance as managing director. McIver, who left Whitechurch in March, has also been appointed a director of adviser firm Nexus.
Henderson has hired Steve Drew as to head its emerging market credit team. Drew was previously at F&C, where he was Thames River Capital head of global emerging market credit. He has also worked for JP Morgan and Tudor Capital.
JLT Employee Benefits has recruited Richard Colver as head of healthcare & wellbeing. Colver spent seven years at Willis Employee Benefits, where he was executive director. His responsibilities at JLT EB include client management and the development of the company’s healthcare and wellbeing business.
Mark Versey, former chief investment officer at Friends Life, has taken up his role as director of client solutions at Aviva Investors. Versey will focus on developing and leading the company’s investment solutions team.
Aviva Investors has recruited Katherine Wade to its equity investment team. Wade, who has over 20 years’ experience as an analyst and senior salesperson, joins from Citigroup.
Partnership Assurance has hired former Legal & General compliance policy director David Hamilton as its head of compliance policy and advice. Hamilton, who spent 11 years at L&G, will report to Partnership compliance director Joanne Evans.
Friends Life has appointed Chris Large as client relationship manager for group protection. Large has 23 years’ industry experience having spent the last eight years at Oval Financial Services as Head of Client Services. He will report into Shane Kinsville, Director of Sales, Group Protection.
Neuberger Berman Group has expanded its global high yield team with the appointment of Andrew Wilmont as lead European high yield portfolio manager. Wilmont was previously head of European high-yield investments at Alcentra. In his new role he will report to Neuberger Berman’s chief investment officer for non-investment grade strategies Ann Benjamin.
Octopus Investments has hired former Lloyds Banking Group strategy and operational performance director Alex Miller. Miller, who spent three years at Lloyds, joins Octopus as chief operating officer. He replaces Vicki Harris, who left Octopus at the end of 2013. Miller has previously held senior roles at BT Group and Orange UK.