Former head of Aegon distribution Patrick Gale has joined research firm Defaqto as executive chairman, after announcing his departure last week.
He was previously chief executive of Sesame and, more recently, executive chairman of Aegon-owned Positive Solutions and Origen.
Defaqto CEO Zahid Bilgrami said Gale's technology experience from working at firms including Misys, HBOS and Just Retirement was a major reason for the appointment.
"As a financial research and software company, Patrick's experience and knowledge in these areas will be incredibly valuable," he said.
Gale said: "The RDR and the evolving regulatory landscape play to Defaqto's core strengths and present many new opportunities for us to deepen our relationships with our clients."
The company also provides consultancy, paraplanning services and product ratings to advisers.
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