Vasilieff to leave Selestia

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Bill Vasilieff is leaving Selestia and SkandiaMultiFunds when the group's new fund supermarket is launched this summer, as part of a series of changes pulling the two Old Mutual divisions into one team.

There is no indication at this stage as to where Vasilieff will move next but a statement just issued by Skandia says Vasilieff has “decided he will leave the business” in the summer once Skandia Life, Skandia MultiFunds and Selestia are brought together under a single Skandia UK business brand. Brett Williams will now head up the UK business division as ceo, which will sit alongside its Skandia’s international and asset management divisions. Billy Mackay will expand his role as head of marketing for the entire UK business unit, Graham Bentley will move to head of investment marketing and...

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