Following David Nish’s appointment as Chief Executive on 1 January 2010, Standard Life today confirms the structure of its new Executive Team, including the appointment of two new members.
- Christian Torkington will join Standard Life on 1 March 2010 from RSA Insurance Group as Group Information and Operations Director. He will focus on developing and implementing our technology strategy and processes that underpin our day-to-day operations.
- Sandy Begbie will join Standard Life from AEGON as Group Transformation Director. Sandy’s role will be to assist the Chief Executive in leading and delivering the Group’s transformation plan, working across the company to build detailed plans and co-ordinate implementation. Sandy’s start date will be confirmed in due course.
Nathan Parnaby, currently Chief Executive of Standard Life Europe, will also assume Executive responsibility for the Group’s Asian businesses.
Keith Skeoch and Joseph Iannicelli will continue in their roles as Chief Executives of Standard Life Investments and Standard Life Canada respectively and Jackie Hunt will continue in her role as Interim Chief Finance Officer. Mike Conway remains Group Human Resources Director, Simon Gulliford continues as Group Marketing Director and Malcolm Wood remains Group Company Secretary and General Counsel.
Standard Life’s UK Business represents a significant part of the organisation’s value and its continued growth and success is a key priority for the Group going forward. David Nish will lead the transformation of the Group’s UK business supported by a newly formed UK Executive Team.
David Nish, Chief Executive, Standard Life said: “I’m delighted to be able to announce such a strong management team, who will together drive the transformation of Standard Life. As a long term savings and investments business, it is important that Standard Life is aligned with the needs of our customers and has the right people in place at all levels to deliver outstanding performance to our shareholders.
“Our priority is to develop a growth strategy that will allow us to accelerate the performance of Standard Life and today’s announcement marks the first step in our journey. I’m particularly pleased to welcome Christian and Sandy to our company, whose talent and expertise will further strengthen our Executive Team and help to position us well for future success.”
Executive Team:
David Nish, Chief Executive
Jackie Hunt, Interim Chief Finance Officer
Keith Skeoch, Chief Executive, Standard Life Investments
Joseph Iannicelli, Chief Executive, Standard Life Canada
Nathan Parnaby, Chief Executive, Europe and Asia
Christian Torkington, Group Information and Operations Director
Sandy Begbie, Group Transformation Director
Simon Gulliford, Group Marketing Director
Mike Conway, Group HR Director
Malcolm Wood, Group Company Secretary and General Counsel
UK Executive Team:
David Nish
Jackie Hunt
Simon Gulliford
John Gill, Managing Director, Customer Operations
Paul Matthews, Managing Director, Distribution
Other key changes include:
- The creation of an Operational Team within the UK Business, which will be responsible for the day-to-day delivery of performance for all aspects of the UK Business.
- The Chief Risk Officer, Colin Ledlie, will now report to the Chief Executive, highlighting the continued focus on a robust risk management strategy going forward.
