Friends Provident life and pensions CEO Ben Gunn will retire from the insurer at year's end.
As part of the firm’s strategic review announced back in January, Gunn’s position was one of a number of management roles to be phased out with the arrival of new group CEO Trevor Matthews later this month.
Gunn will become chairman of Friends’ life and pensions division from 1 September, working closely with Matthews until the end of the year to enable a smooth operational transition.
“The strong positions we now hold in pensions, protection and international operations are due in no small part to Ben's influential leadership and vision,” Friends Provident executive chairman Sir Adrian Montague says.
“These are the very market positions that now form the cornerstone of our new strategy, enabling the Company to look forward to many more successful years in the future."IFAonline
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