Scottish Widows, Skandia and Deutsche are all set to benefit from four fresh departures out of Prudential.
Four members of the Pru’s business development investment team are said to be leaving the firm and two, in particular, are following their former colleague Andy Briggs to Scottish Widows.
Andy Brown, who previously headed up the business development team with responsibility for generating investment bond business, is thought to be moving to Deutsche although officials say they would be unable to confirm his appointment until he officially starts with the firm.
Andy Gibb, formerly Brown’s no. 2 as investment development manager, is also moving to Skandia Investment Management Limited as sales manager, having also previously worked at Morley Fund Management.
His arrival is one of 13 new appointments to SIML within the last 12 months, all designed to strengthen its firm’s proposition.
Commenting on Gibb’s arrival, Jamie MacLeod, chief executive of SIML and Skandia’s Asset Management Division, says:
“The success of our business relies heavily on the strong relationships we have with financial advisers. Andy Gibb is an excellent addition to our experienced sales team and I am confident he will add to the high class support we provide to the advisers who want to do business with us.”
At the same time, Gordon Gregg and Shona Crawford are leaving Prudential’s business development team for new roles at Scottish Widows.
Officials at the Edinburgh-based life office declined to comment on the arrival of Gregg and Crawford or confirm the positions they will hold.
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