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Royal London finance director Stephen Shone quits

Royal London finance director Stephen Shone will leave the provider at the end of the year.

Shone has been at Royal London for 14 years. He will continue to lead to conclusion the group’s acquisition of the Co-operative Banking Group’s life insurance and asset management businesses before leaving the business fully.

Shone will be replaced in the position by former Scottish Widows finance director Kerr Luscombe.

Royal London chairman Tim Melville-Ross says: “During his time with Royal London, Stephen has created and delivered strategies which have led the business through significant change and transformation, and which have resulted in the successful position that the group enjoys today.

“I would like to take this opportunity to thank Stephen for the immense contribution he has made to our business and for his continued focus on the future success of the Royal London Group.”


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