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Oman Insurance boss Peter Drummond moves LG

By International Adviser, 11 Mar 15

Peter Drummond has stepped down from his role as head of Oman Insurance after just 11 months and is to take on a new position as chief executive of Legal & General Gulf.

Peter Drummond has stepped down from his role as head of Oman Insurance after just 11 months and is to take on a new position as chief executive of Legal & General Gulf.

Drummond took on the position at Dubai-headquartered insurer, Oman, in February last year and was responsible for all life products, underwriting and product development.
 
In his new job, Drummond takes over from former L&G Gulf chief executive, Sohail Ali, who has returned to Eqyptian life insurer Commercial International Life after completing his secondment.
 
Drummond was one of a number of top executives to leave Friends Provident International (FPI) between 2011 and 2012, including international sales director Bob Pain and FPI managing directors Rocco Sepe and Paul Tunnicliffe. 
 
L&G said Drummond’s new role is subject to regulatory approval.
 

Tags: FPI | Legal & General | Oman

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.