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Old Mutual Wealth appoints Jane Goodland as head of responsible business

03/06/2015

Old Mutual Wealth today announces the appointment of Jane Goodland as head of responsible business.

In the newly created role, Jane will report to customer director Carlton Hood and will be responsible for achieving Old Mutual Wealth’s ambition of being recognised as an industry leader in the field of Responsible Business.

Jane joins from global investment consultancy Towers Watson, where she worked for 8 years leading its responsible investment capability.

During that time, she played an important role in shaping the firm’s approach to responsible investing, including its adherence to the United Nations Principles for Responsible Investment and development of responsible investment solutions for leading institutional investors.

Before her time at Towers Watson Jane held senior responsible investing positions at HSBC Global Asset Management and Henderson Global Investors.

Old Mutual Wealth is committed to ensuring all areas of its business operate responsibly. This commitment is built around the firm’s five key pillars of responsible business: Its customers; employees; the communities the business operates in; the environment; and the way the business invests.

Jane will develop the Responsible Business strategy and governance structure across these five pillars and ensure it is embedded in all of the businesses within Old Mutual Wealth: The Intrinsic network of financial advisers; the discretionary fund manager Quilter Cheviot; asset manager Old Mutual Global Investors; the UK wealth management arm, Old Mutual Wealth; and Old Mutual International, the cross-border wealth management business.

Responsible Business at Old Mutual Group will continue to be overseen by Gail Klintworth, group customer director, and Helen Wilson, group head of responsible business.

Jane will join Old Mutual Wealth in August.

Jane Goodland says: “The field of Responsible Business has grown significantly in the last decade. Old Mutual Wealth is clearly committed to defining and integrating Responsible Business into all aspects of its business and I am looking forward to helping the company become recognised as a global leader in Responsible Business.”

Old Mutual Wealth customer director, Carlton Hood says: “The financial services industry as a whole has got a long way to go to restore its reputation. We truly believe that leading as a responsible business in financial services can be a real source of competitive advantage. We need to make sure that we are making a positive contribution to our customers, our staff, the businesses we work with and the wider society in which we operate. Jane comes with the experience, passion and commitment to ensure that we can lead in this endeavour.”

For more information contact:

Michael GlenisterOld Mutual Wealth +44 (0)207 7789 638+44 (0)7469144535

Notes to editors:

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

On a ‘go forward basis’, Quilter oversees £ 111.6 billion in customer investments (as at 31 March 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset and single strategy 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 Old Mutual Wealth’s multi-asset investment solutions business.

The Quilter businesses will be re-branded to Quilter over a period of approximately two years following separation from Old Mutual:

  • Intrinsic to Quilter Financial Planning
  • Private Client Advisers to Quilter Private Client Advisers
  • The Multi-Asset business to Quilter Investors
  • The UK Platform to Quilter Wealth Solutions
  • The International business to become Quilter International
  • The Heritage life assurance business to Quilter Life Assurance
  • Quilter Cheviot will retain its name.

On 19 December 2017, Old Mutual Wealth announced that it has agreed to sell its Single Strategy asset management business to the Single Strategy Management team and funds managed by TA Associates. The proposed transaction is subject to customary closing conditions, including regulatory approvals. 

Quilter is part of Old Mutual plc, a FTSE 100 group that provides investment, savings, insurance and banking. For the year ended 31 December 2017, Old Mutual reported an adjusted operating profit before tax of £2.0 billion. For further information on Old Mutual plc and the underlying businesses, please visit the corporate website at www.oldmutualplc.com.

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