Old Mutual chairman to head Saga

Will remain until completion of OM's managed separation

Laura Dew
clock • 2 min read

Old Mutual plc chairman Patrick O'Sullivan has been appointed chairman of Saga Group and will step down from Old Mutual following the completion of its managed separation process.

O'Sullivan has been chairman of Old Mutual since 2010, having joined the firm following 12 years at Zurich Insurance. At Zurich, O'Sullivan worked in a variety of roles including chief executive of UK general insurance and group chief financial officer. He has also worked at Bank of America, Goldman Sachs and Barclays/BZW. He will take up the role at Saga on 1 May 2018 and replaces Andrew Goodsell, who announced last October that he was stepping down as chairman after 26 years at the group. Goodsell was appointed as chairman and chief executive in 2004 and will retire from the board o...

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 Companies

Dan Russell launches Funkled to combat financial education 'crisis'

Dan Russell launches Funkled to combat financial education 'crisis'

Described as a ‘Duolingo’ for financial literacy

Isabel Baxter
clock 05 March 2026 • 1 min read
Aviva's wealth arm posts net flows of £10.9bn

Aviva's wealth arm posts net flows of £10.9bn

'Momentum' in platform asset gathering

Alex Sebastian
clock 05 March 2026 • 1 min read
FCA warns on firm's 'unsuitable' financial advice

FCA warns on firm's 'unsuitable' financial advice

HDH Investment Services had permissions restricted in January

Isabel Baxter
clock 05 March 2026 • 2 min read