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Appointment : Paul Matthews is Standard Life UK CEO

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Paul Mathews is Standard Life’s new CEO for the UK business. In addition to his responsibilities as Group Chief Executive, David Nish has been performing the duties of UK Chief Executive since January 2010.  Paul’s appointment will allow David to focus on the Group strategy and shaping the future direction of the businesses across the Group.

As UK Chief Executive, Paul’s responsibilities will include UK Operations; Customer Services, UK IT and Change,

Paul has held a number of senior positions within Standard Life since he joined in 1989.  Most recently, he was UK Take to Market Director* with responsibility for the Retail, Corporate and Direct to Customer businesses in the UK.

David Nish, Group Chief Executive, said :

“I am very pleased to announce Paul’s promotion to Chief Executive of our UK business.

“Paul is a strong and respected leader.  His experience and understanding of the UK market, combined with his customer focused approach, make him the ideal person to lead our UK business, enabling us to maximise the potential within this exciting market.”

Paul Matthews, UK Chief Executive, said :

“In the past 18 months we have taken significant steps to build on our leading position in the UK long-term savings and investment market. We have launched a number of new and exciting products and propositions alongside significant enhancements to both our Corporate and Retail offerings.

“With the introduction of the RDR, NEST and wider pensions reform we will see the biggest set of changes our industry has ever experienced. Standard Life is strategically well positioned for these changes which will fundamentally alter the UK savings environment. I am delighted to be leading our UK business through this exciting period and I am looking forward to the opportunities ahead.”

Source : Standard Life

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