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15/01

Skandia appoints new managing director of UK distribution

Skandia, part of Old Mutual Wealth, has appointed Scott Goodsir as managing director, UK distribution.  Scott will be responsible for the sales and distribution of all Skandia products into the UK, including the platform, protection products, investment solutions and offshore bonds.

Scott GoodsirScott brings a wealth of knowledge and experience to Skandia, including 15 years at BNY Mellon.  This investment background in the financial adviser market will enable Scott to help Skandia grow as an investment focused business as it renames to Old Mutual Wealth later this year.

Most recently, Scott was managing director, UK wholesale at BNY Mellon where his leadership helped establish the company as a top 3 asset management business in the UK by net sales. Previously he held a number of sales roles within Newton Investment Management and Mellon Global Investments.

Scott will report to Steven Levin, managing director and head of global distribution for Old Mutual Wealth, including Skandia, and is expected to join the firm in March.

Steven LevinSteven Levin comments: “Attracting someone of Scott’s calibre into the business is a great endorsement of our strategy and ambition.  We are focused on growing quickly into one of the leading investment businesses in the market, and Scott’s experience will help us achieve that.  He already knows our business and many of our people very well through his role at BNY Mellon and will be a great addition to our team.”

For more information contact

Tim Skelton-SmithOld Mutual Wealth02380 916 99807824 145 076tim.skelton-smith@omwealth.com

Notes to Editors:

Old Mutual Wealth

It has an adviser and customer offering spanning:

  • Financial advice delivered by the Intrinsic network in the UK and AAM Advisory in Singapore
  • Platform based wealth management and protection products delivered by Old Mutual Wealth in the UK and Old Mutual International globally
  • Asset management solutions delivered by Old Mutual Global Investors
  • Discretionary investment management delivered by Quilter Cheviot.

Old Mutual Wealth oversees £123.5 billion in customer investments (as at 31 December 2016).

Old Mutual Wealth is part of Old Mutual plc a FTSE 100 group that provides life assurance, asset management, banking and general insurance. Old Mutual is trusted by more than 19.4 million customers across the world and has a total of £394.9 billion assets under management (as at 31 December 2016).

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Old Mutual Wealth Management Limited, a Private Limited Company (Company Number 0604270), Old Mutual House Portland Terrace Southampton Hampshire SO14 7EJ.