Old Mutual Asset Managers has appointed Steven Brown, formerly of RBS Global Banking & Markets, as head of advisory distribution.
Brown, who starts work on June 1 reporting to head of wholesale distribution Simon Smith, will have prime responsibility for strategic partnerships in the UK wholesale market. Previously, he worked for M&G and Principal Global Investors.
"This is a critical role and we are genuinely excited to have someone of Steven's calibre to take it on," said Simon Smith. "With the impending arrival of the RDR, Steven's appointment is a clear demonstration of Old Mutual's commitment to the UK wholesale market."
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected