Royal London appoints Group Financial Controller
Thursday, 9 October 2008
Royal London, the UK's largest mutual life and pensions company, has appointed Duncan Hanlon as Group Financial Controller, reporting to Stephen Shone, Group Finance Director.
Duncan will be responsible for Royal London Group financial and management reporting, financial control activity and the associated regulatory and statutory reporting requirements. He joins Royal London Group from the Cheshire Building Society where he was interim Group Finance Director. Prior to that he was Finance Director at ING Direct and his industry experience includes senior finance roles at Aviva, Charles Schwab Europe and Barclays Bank.
Stephen Shone said:
"Duncan is a welcome addition to the team. His considerable experience of the financial services industry will prove invaluable as we continue to develop the Group and its constituent businesses."
- ENDS -
For further information please contact:
Royal London
Alasdair Buchanan
Group Head of Communications
Tel: 0131 456 7133
Polhill Communications
Jenette Greenwood
Tel: 020 7655 0530
Editor's Notes:
Royal London Group, is a specialist financial service provider. Its businesses focus on those sectors of the market which value quality propositions, operating through a number of brands:
- Scottish Life – UK pensions market
- Bright Grey – UK protection market
- Scottish Provident – UK protection market
- Phoenix Life Assurance Limited – provides life and pensions products to Abbey's national branch network
- Scottish Life International – offshore investment markets
- Scottish Provident International – offshore investment markets
- RLAM – fund management
- RLAS – life and pensions administration
- Fundsdirect / Ascentric – funds supermarket; Wrap platform
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £32.4 billion. Group businesses serve around three million customers and employ 2,750 people. Figures quoted are as at 30 June 2008, prior to the acquisition of Scottish Provident's new business capabilities (in respect of individual life protection business)and of Phoenix Life Assurance Limited.