Stewart Cazier appointed COO of distribution at Old Mutual Wealth
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01/05/2014

Old Mutual Wealth, comprising Skandia and Old Mutual Global Investors, has appointed Stewart Cazier as chief operating officer of distribution.  In this new role, Stewart will be joining the distribution leadership team to help develop Old Mutual Wealth’s distribution capability, supporting its growth ambition of being the best retail investment business in its chosen markets.

Old Mutual Wealth has announced a number of significant business developments recently including the acquisition of Intrinsic, the launch of WealthSelect and today’s announcement about the acquisition of Henderson’s 50% stake in the Cirilium proposition. To support and build on this growth, Old Mutual Wealth is further expanding is distribution function.  Stewart will report to Steven Levin, global head of distribution at Old Mutual Wealth, and will form part of the senior distribution team looking at business development and growth opportunities, whether they be organic or through joint ventures, mergers or acquisitions. 

Stewart is currently managing director, distribution at Henderson Global Investors which he joined from New Star where he was joint managing director of the retail investment business which he helped to found. Prior to this, Stewart has held a number of senior positions in retail investment, general and life assurance companies. Stewart is expected to join Old Mutual Wealth in mid-August, once a handover of his current responsibilities has been completed.

Steven Levin, global head of distribution at Old Mutual Wealth, comments:

“We believe our integrated customer proposition, encompassing advice, investment solutions and tax efficient products has huge potential for growth in all our markets.  Stewart brings a huge amount of experience with him and will form an important part of the senior distribution team responsible for seeking out new growth opportunities and ensuring we are delivering a first class proposition to advisers and customers.”

Stewart Cazier, comments:

“This is a very exciting time to be joining Old Mutual Wealth.  It has great products, strong asset management and is investing in advice.  These are all the components of a great customer proposition and I am very much looking forward to being part of its next stage of growth.”

For more information contact

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

Notes to editors:

About Quilter plc:

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £116.5 billion in customer investments (as at 30 June 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Old Mutual Wealth Private Client Advisers; discretionary fund management business, Quilter Cheviot; and the Multi-asset investment solutions business.

The Quilter plc businesses are being re-branded to Quilter over a period of approximately two years:

• The Multi-asset business is now Quilter Investors

• Intrinsic to Quilter Financial Planning

• Private Client Advisers to Quilter Private Client Advisers

• The UK Platform to Quilter Wealth Solutions

• The International business to Quilter International

• The Heritage life assurance business to Quilter Life Assurance

• Quilter Cheviot will retain its name

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 Quilter plc.  Registered office: Millennium Bridge House, 2 Lambeth Hill, London EC4V 4AJ, United Kingdom. Registered number: 6404270.  Registered in England.