Aegon distribution chief Black steps down

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Iain Black has stepped down from his role as chief operating officer for distribution at Aegon and left the company after 21 years.

He officially left at the end of September and his responsibilites have been taken over by former Sesame CEO Patrick Gale, who was appointed as executive chairman of Aegon's distribution companies in June. Black originally took up the position in March 2010, having previously been managing director of Aegon's group risk business and being heavily involved in the launch of Aegon Ireland. In his role, Black sat on the boards of national IFAs Origen and Positive Solutions, as well as Tenet Group, in which Aegon had a stake. A spokesperson for Aegon said: "We appointed Patrick Gale as ...

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