Providence names Chris Divito as chief exec

Divito will take up his new role from 1 September, subject to regulatory approval, as Blair moves on to new projects after more than a decade at the company. He will be based at the firm's administration centre in Dubai and will report directly to the Providence board. Divito was previously managing director for Friends Provident International in the Middle East & Africa and CEO (Middle East) for Standard Life. He said: "Providence is already one of the international industry's best-placed providers to look after the needs of international clients and, as such, its products and ser...