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Gill Davidson to join Intrinsic as Chief Risk Officer


Intrinsic, part of Old Mutual Wealth, is today pleased to announce the appointment of Gill Davidson as Chief Risk Officer.

Gill takes over from Wallace Dobbin and will join Intrinsic in late December. A founding board member, Wallace is retiring from full time employment, whilst continuing with his existing non-executive director commitments.  He will remain with the business while Gill transitions into the role.

Joining the Intrinsic board, Gill will report to both Intrinsic chief executive, Andy Thompson, and Old Mutual Wealth chief risk officer, Iain Wright.

Gill joins Intrinsic with a strong track record in compliance and legal functions in the financial services sector.  Since 2013 she has held the role of group regulatory director with Tenet, one of the industry’s largest financial adviser networks.

Prior to that she held senior roles with Coventry Building Society and Skipton Building Society.

At Intrinsic, Gill will oversee the network’s risk and compliance strategy, ensuring the business and its advisers identify and manage risk effectively. The role will focus particularly on ensuring processes and controls are designed to facilitate the delivery of good customer outcomes.

Intrinsic chief executive, Andy Thompson says:

“Wallace has been a vital part of Intrinsic’s success and on behalf of all my colleagues I’d like to thank him for the valuable contribution he has made to our business journey.

“It was really important for the network to find a candidate with the right experience and expertise to ensure Intrinsic and its advisers can continue to grow and succeed within a controlled environment. Gill brings a wealth of experience to the intrinsic board and she will be invaluable in ensuring we have a robust risk and control framework in place to provide a secure foundation for our ongoing growth plans.”

Gill Davidson adds:

“The financial advice industry continues to undergo significant transformation and there is a big opportunity for Intrinsic to build on its remarkable growth to date. I’m delighted to be joining an ambitious company that recognises the importance of delivering positive customer outcomes.”

For more contact information

Tim Skelton-Smith
Old Mutual Wealth
02380 916 998
07824 145 076

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; Quilter Private Client Advisers; discretionary fund management business, Quilter Cheviot; and Quilter Investors, 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

• The private client advisers business is now 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.