Old Mutual Wealth Management is made up of Skandia UK, Skandia International, its European businesses, Skandia Investment Group and Old Mutual Asset Managers (UK), comprising a group with £63bn in assets under management.
He moves across from his role as chief executive of Old Mutual’s Long-Term Savings asset management business, a role effectively created for him when he joined in January from BNY Mellon Asset Management.
The change will be effective from 1 August when he will continue to report to Paul Hanratty, chief executive of the Long-Term Savings division, who has been running the wealth management business since the previous chief executive, Bob Head, resigned in September last year.
