Friends Provident International (FPI) has created a new role of managing director as part of a manag...
Friends Provident International (FPI) has created a new role of managing director as part of a management restructure at its parent company.
Rocco Sepe, corporate development director of Friends Provident, started as managing director of FPI on 1 April. Paul Tunnicliffe, director of international, and David Steinegger, chief executive of Lombard, will report to Sepe following the change.
As corporate development director, Sepe worked on the acquisitions of Lombard, Royal & SunAlliance International Financial Services and F&C.
Tunnicliffe says Sepe will look at the long-term development of the international operation and the integration of Lombard with FPI.
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions