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Management

Board of Directors

 

Appointed an independent director of Friends Provident Holdings (UK) Limited and Friends Provident Group plc on 5 November 2009 and Chairman on 9 February 2010. Also Chairman of Signet Jewelers Limited, Clydesdale Bank PLC, National Australia Group Europe Limited and the Board of Trustees for The Prince's Youth Business International and Youth Business America. Non-executive director of National Australia Bank Limited and a member of the Board of Trustees for the International Business Leaders Forum and Chairman of the Cass Business School Strategy & Development Board.

Previously, Chairman of CDC Group plc, director and Deputy Chairman of Resolution Plc and a non-executive director of G4S plc and JPMorgan Cazenove Holdings. President and Chief Executive Officer of Visa International between 1998 and 2004 and Group Chief Executive of Standard Chartered PLC from 1993 to 1998.

 

Appointed a director and Chief Executive Officer of Friends Provident Holdings (UK) Limited on 5 November 2009. Also a director of Friends Provident Group plc, having been previously a director of Friends Provident plc since July 2008. Member of the Investment Committee. Chairman of the Financial Services Skills Council and a director of the Association of British Insurers, the Chartered Insurance Institute, and the International Insurance Society.

Formerly Chief Executive of Standard Life Assurance Limited, the principal subsidiary of Standard Life plc. Prior to joining Standard Life in 2004, held two key positions at Manulife Financial Corporation – Executive Vice President in Canada and subsequently President and Chief Executive, Japan. Prior to that, held senior positions in National Australia Bank and Legal & General Australia.

 

Appointed executive director of Friends Provident Holdings (UK) Limited on 5 November 2009. Also a director of Friends Provident Group plc and a member of the Investment Committee.

Previously at Standard Life UK Financial Services where she was Finance Director. A qualified actuary with a strong track record and significant experience in financial services having held senior roles with Standard Life, Chase de Vere Investments plc and Tillinghast-Towers Perrin.

 

Appointed an independent director of Friends Provident Holdings (UK) Limited and Friends Provident Group plc on 5 November 2009. Chairman of the Audit Committee. Currently Chairman of Costain Group plc and Arena Coventry Limited, Senior Independent Director of Intertek Group plc and William Hill plc and a Non-Executive Director of Thomas Cook plc.

A Chartered Accountant, he has held positions in major international businesses including Group Finance Director for BAT Industries and Barclays PLC and Chief Operating Officer for Zurich Financial Services. Former board member of the UK Accounting Standards Board.

 

Appointed a non-executive director of Friends Provident Holdings (UK) Limited on 26 August 2009. Also a director of Friends Provident Group plc. Previously the Chief Executive of Resolution Life Group Limited, a company that he founded in 2003. Appointed Chairman of Resolution plc in September 2005 following the merger of Britannic Group plc and Resolution Life Group Limited.

He started his career in insurance advising clients as a broker and was previously Chairman and Chief Executive of GE's primary insurance operations in Europe (GE Insurance Holdings), worth over $3 billion of premium income.

The businesses he led included Europe's largest credit insurer with operations in twelve countries and life and pensions companies in the UK and France. Before joining GE in 1998, he co-founded Scottish Amicable International / Rothschild International, a European cross-border insurance business based in Dublin and formed in 1992. He is Chairman of the charity the Resolution Foundation.

 

Appointed an independent director of Friends Provident Holdings (UK) Limited and Friends Provident Group plc on 1 February 2010. Member of the Audit Committee, the Board Risk and Compliance Committee and the Investment Committee. Also non-executive director of Catlin Group Limited, non-executive director of Quayle Munro Limited and Chairman of Miller Insurance Investments Limited.

Formerly a Managing Director of Lehman Brothers in London, where he headed the European Financial Institutions Group and was a member of the European Operating Committee. Prior to joining Lehman Brothers, he held executive positions at JP Morgan & Co and Salomon Brothers in London.

 

Appointed an independent director of Friends Provident Holdings (UK) Limited on 5 November 2009. Also a director of Friends Provident Group plc, having been previously a director of Friends Provident plc since November 2008. Chairman of the With Profits Committees, member of the Audit Committee and the Board Risk and Compliance Committee. Currently non-executive director of the Partnership Group of Companies and Croydon Economic Development Company.

Between 1982 and 2007 held various senior roles at Legal & General, latterly as Group Director UK. Was an executive director of Legal & General Group plc from 1996 to 2007. Prior to 1982, held various roles in IT with South Eastern Gas Board.

 

Appointed an independent director of Friends Provident Holdings (UK) Limited and Friends Provident Group plc on 1 June 2010. Also a Vice Chairman of Deloitte & Touche LLP.

Belinda has extensive experience in all aspects of merger integration and separation services. Was previously a senior Corporate Finance partner at Deloitte & Touche LLP for ten years, where she was the Global Head of Merger Integration and Separation Advisory Services – a position she held until May 2010 when she retired from the role. Her recent clients include a number of leading UK and global banks and insurance companies.

 

Appointed an independent director of Friends Provident Holdings (UK) Limited on 5 November 2009. Also a director of Friends Provident Group plc, having been previously a director of Friends Provident plc since June 2007. Chairman of the Board Risk and Compliance Committee and a member of the Audit Committee and Investment Committee. Currently Vice Chairman of Hawkpoint Partners Europe, responsible for the development of its German business, Chairman of the Supervisory Board of GP Günter Papenburg AG, Deputy Chairman of the Supervisory Board of Deutsche Börse AG, member of the Supervisory Board of Deutsche Beteiligungs AG and a non-executive director of F&C Asset Management plc.

Spent much of his professional career with financial services firm, JPMorgan, where his positions included Managing Director of JPMorgan's German branch in Frankfurt and Regional Treasurer Asia Pacific in the Tokyo office. Spent a total of 13 years on the management board of two German Landesbanks, joining the executive boards of Norddeutsche Landesbank in 1991, and of Westdeutsche Landesbank (WestLB AG) in 1996. Previous board appointments include AXA Lebensversicherungs AG, AXA Kapitalanlagegesellschaft mbH, Deka Bank, Fresenius AG, Hapag Lloyd AG and VHV Holdings AG.

 

Appointed an independent director of Friends Provident Holdings (UK) Limited and Friends Provident Group plc on 1 February 2010. Member of the Audit Committee, the Board Risk and Compliance Committee and the Investment Committee. Also Deputy Chairman of EuroCCP Limited, non-executive director of Nationwide Building Society and Access Bank UK Limited, and a member of the board of the Depository Trust and Clearing Corporation in the United States.

He has extensive experience in audit and financial advisory services, particularly in areas of treasury and risk management. A Senior Partner of Deloitte & Touche LLP for 18 years and previously for seven years a corporate treasurer and tax manager with Black & Decker.

 

Appointed an independent director of Friends Provident Holdings (UK) Limited and Friends Provident Group plc on 20 May 2010. Chairman of the Investment Committee. Also non-executive director at JP Morgan Income & Growth Trust plc and Whitbread Pension Trustees, a founding partner of Oxford Investment Partners Limited and director of Lowland Investment Company plc.

He has a wealth of financial experience. After spending his early career at Mercury Asset Management and Barclays de Zoete Wedd, he worked at Morgan Grenfell / Deutsche Asset Management for 12 years where he held a number of chief investment officer roles in different regions.

 

Appointed a director of Friends Provident Holdings (UK) Limited on 26 August 2009. Also a director of Friends Provident Group plc. Was previously Chief Executive of the FSA, a position he held between September 2003 and July 2007 when he retired from the role. Initially joined the FSA in June 2001 as Managing Director of consumer, insurance and investment business. Also a non-executive director of the Credit Suisse Group and a non-executive director of Lucida plc.

At the FSA, was widely credited with modernising the regulation of the UK insurance industry and bringing a new risk-based and principles-based focus to regulation. Was also a member of the Committee of European Insurance and Occupational Pensions Regulators which steered the development of Solvency II. Before joining the FSA, was a Managing Partner at Andersen responsible for its worldwide financial services practice. He joined Andersen in 1976, working mainly with banking and capital market clients and led the Andersen team appointed by the Bank of England to investigate the collapse of Barings Bank and draw out the lessons to be learned.

 

Information correct as at 29 July 2010.