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Standard Life appoints Jackie Hunt as interim CFO

Standard Life has appointed deputy group finance director Jackie Hunt to the role of chief financial officer on an interim basis.

The news follows the announcement recently that former CFO David Nish will be taking over from Sir Sandy Crombie as group chief executive from January 1.

Hunt will assume the duties of CFO on an acting basis from this week until the Standard Life board confirms the appointment of a new permanent CFO in due course. The firm says it will commence the formal recruitment process immediately.

Meanwhile, Standard Life has appointed head of corporate distribution Alan Reid to the role of corporate distribution director.

Reporting to managing director of distribution Paul Matthews, Reid will be responsible for all aspects of business to business distribution in the UK, with his new role focusing on group pensions and corporate benefits business to the company.

Matthews says: “Alan has played a crucial role in helping us develop our corporate benefits business and maintaining a competitive edge in our chosen markets. The group pensions and corporate benefits markets are strategically important for us and Alan will drive developments and identify innovative opportunities in these areas.”

Reid says: “The corporate benefits market will continue to be a strategic focus as we move through the pension reform agenda. We will continue to work with corporate benefit consultants to offer solutions which deliver a blend of innovation, service, quality and long-term value to our customers.”

The insurer has also appointed Simon Davies as senior employee benefits manager.

Davies joins from KPMG and will report to head of business development Martin Trenchard. He will focus on developing the corporate benefits strategy and propositions for the large employer market.

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