– UK, London – Phoenix Group Holdings (LSE:PHNX) today announced the appointment of two new non-executive directors: Barry O’Dwyer and Campbell Fleming, both of Standard Life Aberdeen plc.
These appointments will be effective from the date of completion of the acquisition by Phoenix of Standard Life Assurance Limited and are made in accordance with the terms of Phoenix’s long-term strategic partnership with Standard Life Aberdeen.
Barry O’Dwyer is the CEO of Standard Life Aberdeen’s Pensions & Savings business. Barry has held several senior roles at Standard Life since re-joining the company in 2013, and during his initial spell at Standard Life between 1988-2008. A Fellow of the Institute of Actuaries, Barry has 30 years of experience in the insurance industry, in a career which has also included senior roles at Prudential and HBOS.
Campbell Fleming is the Global Head of Distribution at Aberdeen Standard Investments, the asset management business of Standard Life Aberdeen. He joined Aberdeen Asset Management in August 2016 from Columbia Threadneedle Investments where he was the Chief Executive – EMEA and Global COO. Campbell is the Chair of the Investment Association Trade Committee and previously held senior positions at JP Morgan Asset Management.
Both Barry and Campbell will continue in roles with Standard Life Aberdeen once the acquisition completes.
Commenting on the Board changes, Henry Staunton, Phoenix Chairman said: “I am extremely pleased that Barry O’Dwyer and Campbell Fleming will be joining the Phoenix Board following completion of the acquisition. They bring substantial experience and executive skills complementary to those of our existing directors and very relevant to our evolving strategy. Their appointment reflects the significance of the relationship that we will hold with Standard Life Aberdeen going forward, both as a major shareholder but also as our strategic partner in the new business retirement space. We look forward to working with them as we realise our role as Europe’s leading life consolidator.”
For more information : http://www.thephoenixgroup.com
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