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ScotProv exodus as five managers leave

There has been an exodus of Scottish Provident senior and sales management

only days after the transfer of business to Abbey National, with five top

figures leaving the firm.

UK chief executive Barry Rose, head of marketing and business development

David Robinson, head of HR Tracey Ashworth-Davies, head of strategic

planning and compliance Dianne Haley and head of finance Mike Morgan have

all left the company.

Many of the front-line IFA sales managers are also set to leave.

Abbey National took control of the company on August 1 but many ScotProv

staff have been disgruntled by Abbey&#39s handling of the takeover which

clearly placed Abbey-owned Scottish Mutual at the helm of the group. Head

of sales Alistair Schofield left ScotProv last November.

It is understood that David Robinson will be heading Scottish Life&#39s new

protection business and a number of key ScotProv staff are being lured away

with offers of salary increases of up to 40 per cent.

The new ScotLife business will be running within months and will start

with a big team of staff, with many believed to be from ScotProv.

ScotProv spokeswoman Susan Sneddon says: “It is hoped the majority of

staff will be staying with the group. Some of the senior management team

has gone but that is inevitable in this situation where there is

duplication at the top level.”

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