Marcel is currently managing director of Glacier International, the offshore division for the Sanlam Group. Marcel was instrumental in setting up Glacier International, and in less than five years has grown the business to R8bn (£460m) in assets, capturing approximately 15% market share of the cross-border flow in the South African market.
Marcel previously helped set up the Old Mutual International business in South Africa and was head of its sales team.
Marcel is an experienced industry leader with a proven track-record of establishing and growing businesses. He brings extensive experience in working across the full breadth of distribution channels and has a strong knowledge of international wealth management solutions.
Marcel will be responsible for all the sales and distribution activity of Skandia International, and will report to Steven Levin, global head of distribution. Marcel will be relocating with his family to London, and will be starting on 5 January 2015.
Steven Levin, global head of distribution at Old Mutual Wealth, comments:
“I am very excited that Marcel is joining us. Marcel is highly regarded by all those who know him, including those here at Old Mutual Wealth who remember him from his previous role heading up the Old Mutual International sales team in South Africa. His knowledge, experience and gravitas are second to none, and his leadership will help reinvigorate, challenge, and deliver growth in our international markets.”