Standard Life workplace managing director and Vebnet chief executive Ronnie Taylor is joining Scottish Widows as pensions and investments director.
Taylor will report into Widows chief executive Toby Strauss when he joins in October. He will have responsibility for developing both the investments and corporate pensions businesses.
Taylor has been Standard Life workplace managing director and Vebnet chief since September 2012.
Standard Life chief executive Paul 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.”
Taylor says: “The insurance industry is going through a period of radical change and I am delighted to be joining Lloyds during such a critical time. The main focus will be building on the opportunities created by the RDR and pensions reform, helping Lloyds and its Scottish Widows brand maintain their proud heritage of protecting what customers value and helping them plan for a prosperous future.”
Forty Two Wealth Management partner Alan Dick says: ”This is the nature of business, people will always look for the best deal for themselves.”