Aegon appoints retail MD as Cofunds deal completes

Formerly Cofunds' commercial director

Hannah Godfrey
clock • 1 min read

Aegon has appointed former Cofunds commercial chief Andy Coleman to the newly created role of managing director of retail.

In his role Coleman (pictured) will be responsible for leading the distribution functions for Cofunds, the Investor Portfolio Service as well as Aegon. He will be in charge of a sales team of 167 people - 99 in the field and 68 on the phone.  The move follows the completion of a £140m deal with Legal and General to buy Cofunds, which received regulatory approval in early January. Coleman joined Cofunds in 2012 from AXA Wealth and was most recently commercial director. He replaced Aegon's Duncan Jarrett who left mid 2016, although the scope of the role has changed since the Cofunds ...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on People

People Moves: Vermeer Partners hires financial planning director

People Moves: Vermeer Partners hires financial planning director

Rob Hodgson joins Vermeer Financial Planning from Cazenove Capital

Professional Adviser
clock 16 April 2024 • 1 min read
Firefighter to adviser: Ian O'Dowd on assessing the situation

Firefighter to adviser: Ian O'Dowd on assessing the situation

‘I don’t go into burning buildings to save financial plans, but the same ethos rings true’

Isabel Baxter
clock 10 April 2024 • 4 min read
Headteacher to adviser: Kenneth Hopewell on emotional intelligence

Headteacher to adviser: Kenneth Hopewell on emotional intelligence

‘I like meeting people and wanted to do something where I help others’

Isabel Baxter
clock 22 March 2024 • 2 min read