Old Mutual Wealth strengthens its technology and change team - Leon Deist appointed as Chief Information Officer
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Old Mutual Wealth strengthens its technology and change team - Leon Deist appointed as Chief Information Officer

18/10/2016

Old Mutual Wealth announces the appointment of Leon Deist as Chief Information Officer, effective 1 December 2016.

Leon will assume responsibility for overseeing Old Mutual Wealth’s technology and change functions and will report to Steve Braudo, Chief Operating Officer.

Leon brings a wealth of industry experience to Old Mutual Wealth.  He will join the business from Liberty Group, South Africa, where he was responsible for that group’s technology transformation, digital strategy and shared service operations.  Prior to that, he was Director of Enablement at Virgin Money (SA) responsible for the technology build and outsourced operations, and a founding member of Arivia, a technology outsource service provider that managed some of the biggest outsource contracts in the country. 

Steve Braudo

 

Steve Braudo, COO, comments:

“As we prepare for managed separation from Old Mutual plc we are building the skills and capabilities we need for the future. This is an exciting time for our organisation and we need to ensure that our technology capability is organised and strengthened to be ready for our independent future.  Leon’s wealth of experience will enhance the strong team that we already have here.”

Leon Deist adds:

“I am delighted to be joining Old Mutual Wealth.  I am encouraged by the investment that the business is making in its technology transformation strategy.  I am very much looking forward to working with my new team.”

 

 

For more information contact

Tim Skelton-SmithOld Mutual Wealth02380 916 99807824 145 076tim.skelton-smith@omwealth.com
Michael GlenisterOld Mutual Wealth020 7778 963807469 144535michael.glenister@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.