Two more senior figures are to leave insurance giant Aegon UK as the company continues a restructuring programme designed to cut operating costs by 25% by the end of the year.
Peter Williams and Rachel Vahey, the heads of industry development and pensions development respectively, will leave the company over the next few months. Their exits add to that of head of corporate affairs Francis McGee, who will leave at the end of January after announcing his departure in September last year. Aegon will combine its corporate affairs, business regulation and pensions development teams into a single unit headed up by current head of business regulation Steven Cameron, who has been promoted to head of regulatory strategy. The company is streamlining its regulatory...
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