The latest development confirms the organisational structure of three distinct areas of operations Standard Life announced in June when it confirmed the appointments of Nathan Parnaby as CEO, Asia and emerging markets, Paul Matthews as CEO UK and Europe and Sandy Begbie as group operations officer.
Standard Life said its international operation, which falls under Parnaby’s remit, will continue to be run from its Irish base, with the Irish domestic business responsible for the manufacturing of its offshore propositions, supported by the newly established customer and marketing and advisers and investments businesses in the UK.
Although Standard Life International falls under Parnaby’s remit, Nigel Dunne has been appointed as the business’s CEO and will be responsible for developing and extending the firm’s UK offshore proposition.
Meanwhile, Alan Armitage will continue to take responsibility for developing Standard Life’s Asia and emerging markets business retail investment business, based in Hong Kong.
