Standard Life has appointed Paul Matthews as chief executive of its UK business.
Matthews, who was previously UK take to market director for the provider, replaces group chief executive David Nish in the role.
Nish has held the position since January 2010. He will now focus on group strategy.
Nish says: “Paul is a strong and respected leader. His experience and understanding of the UK market make him the ideal person to lead our UK business.”
A Standard Life spokeswoman says Matthews will not be replaced.