Skandia business proposition director Richard Vincent is leaving the business at the end of November.
Vincent, previously proposition director for Skandia Investment Group, has spent the last six months working directly for Old Mutual Wealth chief executive Paul Feeney.
He returned to Skandia almost 10 years ago as head of investment marketing. Since then he has been responsible for Skandia’s fund group relationships and latterly was proposition director and a member of the executive for Skandia Investment Group. During this period he and his team launched the Spectrum risk rated funds.
In September, Old Mutual announced it is merging the Skandia businesses within the Old Mutual group into a single business called Old Mutual Wealth. Skandia UK, Skandia International and the Skandia European businesses outside of the Nordic region will adopt the Old Mutual Wealth brand over the next two years.
Vincent says: “Having been at Skandia for almost 10 years, I feel it is time to seek new challenges within the industry. I am very proud of the part I have played in the success of the Skandia business and I wish Paul and his team every success in the future.”
Feeney says: “Richard has made a considerable contribution to the success of Skandia over the years and his energy, creativity and knowledge will be missed. I am sorry to lose him but I understand his desire to seek new challenges and I wish him well in his future career. He leaves with our and my personal thanks and gratitude.”