Skandia UK chief development officer Peter Mann will be named CEO of the business after Old Mutual announced Nick Poyntz-Wright is stepping down.
Former Bankhall chief Mann will assume the role subject to FSA approval on 1 May. Poyntz-Wright, a Skandia employee for the past 21 years and chief executive for the previous six, will remain with the Group until July. Skandia says Mann will be responsible for the ongoing development of the company's platform proposition, Skandia Investment Solutions. The business has stated previously it sees platforms as "the future" of the financial services industry. Poyntz-Wright says: "I am pleased to see Peter take over the UK business and have seen what tremendous drive and energy he brin...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
