Standard Life has announced the following changes:
UK:
-The Retail Adviser, Proposition, Wealth and Investment Solutions businesses will report into Richard Charnock in the new Advisers and Investments business unit.
-The Corporate function will become Workplace under Ronnie Taylor who will also remain accountable for Standard Life’s implementation of the Retail Distribution Review (RDR).
-The Marketing, Retail Customer Relationship and Private Client Management (PCM) functions will transfer into a new business unit, Customer & Marketing, under Stephen Ingledew.
-Having delivered the implementation of the brand across the Standard Life group, Bruce Kelsall, UK Marketing Director, will be leaving the business in October.
Germany and Ireland:
-The German business will continue to operate under Sven Enger, Chief Executive Germany, who will report to Paul Matthews and be part of our UK & Europe Executive Team.
-The Irish business operates both domestically and as an offshore hub. It will therefore be restructured based on the different legal requirements associated with trading internationally:
-The Irish domestic business is a branch of Standard Life Assurance Limited in the UK and will therefore report to Richard Charnock.
-Nigel Dunne will take up the position of CEO, Standard Life International Limited, responsible for developing and extending the UK offshore proposition.
Group Operations
-Paul Chong will continue as Director of Group IT and Commercial providing group-wide services covering IT, Premises and Procurement.
-Mark Dixon will take on the role of Group Chief Technology Officer in addition to his role of UK Chief Information Officer. Mark will provide the Standard Life Board and Group Executive team with guidance on technology issues.
-David Scott will become Director of Group Platform and Customer Data Strategy and will be responsible for defining and establishing a group-wide customer data strategy.
-Ian Miller will become Head of Group Talent and Organisational Development leading the talent strategy and associated development framework.
-Graeme Mcewan will become Director of Group Communications and Brand. Graeme will continue to lead the Group communication and sustainability strategy and plans. In addition, Graeme will be responsible for company-wide brand strategy.
A Standard Life spokesperson comments “Today’s changes allow us to take further advantage of the significant progress we’ve made transforming the operational and financial performance of Standard Life.”
|