Williams heads Skandia and Selestia platforms

According to a statement just issued by Skandia, Selestia’s ceo, Williams will continue to lead strategy at Selestia – Old Mutual’s investment technology platform – but will also head up Skandia’s MultiFUNDS team too from 31st March 2006, as well as manage the associated UK sales and distribution teams. Both brands will “run concurrently as detailed plans are developed” for the combined group’s future UK technology strategy – but which is expected to include the Skandia wrap proposition - as part of its 100-day review of the merging companies, but IFAs and customers should be unaffected ...