Aegon UK names Iain Black distribution chief

Scott Sinclair
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Aegon UK today unveiled Iain Black as chief operating officer (COO), distribution, and appointed former Sesame Group CEO Patrick Gale to its Distribution Board.

Black, previously managing director of Aegon's group risk business and heavily behind the launch of Aegon Ireland, will work alongside Origen managing director Stephen Greenstreet and Positive Solutions CEO Jim Reeve. The national IFAs last year lost a combined £16m - down from a £1m deficit in 2008 - as a result of the adverse trading conditions, Aegon says in its 2009 results. Former Sesame Group CEO Patrick Gale has been appointed chairman of Aegon's non-executive Distribution Board, which oversees the company's financial advice  businesses. Aegon UK chief executive Otto ...

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