Standard Life workplace managing director and Vebnet chief executive Ronnie Taylor is joining Scottish Widows.
Standard confirmed earlier today that Taylor would be leaving the business to take up a new role.
Money Marketing understands Taylor will report into Widows chief executive Toby Strauss and be responsible for developing both the investments and corporate pensions businesses.
Taylor had been Standard workplace managing director and Vebnet chief since September 2012. He joined Standard in 1997 and has held a number of senior distribution jobs across the business.
Standard chief executive Paul Matthews and the workplace management team will lead workplace operations while a replacement is found. Standard says it intends to fill the roles “in the near future”.
Matthews says: “I would like to thank Ronnie for his contribution to Standard Life and wish him well. We will announce his replacement in the near future and in the meantime I will lead our workplace business with the support of Stephen Ingledew, Richard Charnock, and the workplace management team.”
Standard Life acquired Vebnet in September 2008 for £24.2m.
In July 2011, Vebnet sales director James Verner was dismissed following an internal investigation. Verner was suspended at the end of May 2011, along with Standard Life managing director of corporate solutions Gerry O’Neill.