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 ...
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