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25/10

Old Mutual Wealth appoints new company secretary Patrick Gonsalves to join the business in January 2017

Old Mutual Wealth announces the appointment of Patrick Gonsalves as Company Secretary, effective January 2017.

Reporting to Iain Wright, Chief Risk Officer, Patrick will head Old Mutual Wealth’s company secretariat function.  In particular, he will be responsible for managing day-to-day relationships with the Old Mutual Wealth Board of Directors and overseeing the business’s corporate governance structure in preparation for an independent future, as part of Old Mutual plc’s Managed Separation process.

Patrick will bring over three decades of financial services company secretariat experience to Old Mutual Wealth.  He will join the business from Barclays PLC, where he has worked since 2000, and has been Deputy Company Secretary since 2002.  Prior to Barclays, Patrick undertook company secretarial roles with National Westminster Bank PLC and Lloyds Bank PLC.

Iain WrightIain Wright, Chief Risk Officer at Old Mutual Wealth, comments:

“This is an exciting time for our organisation as we prepare for the Managed Separation from Old Mutual plc.  We now have to ensure that we have the skills and capabilities needed to operate as a standalone business.  Patrick will add strength and depth to our company secretarial function.  The wealth of experience that he has gained from working in listed companies will be invaluable to us as we embark on the next phase of our corporate journey. I look forward to welcoming Patrick to the company in January.”

Patrick Gonsalves adds:

“I am delighted to be joining Old Mutual Wealth as I am excited by the challenge of working with a business that is preparing for an independent future and has such exciting potential.”

For more information contact

Michael GlenisterOld Mutual Wealth020 7778 963807469 144535michael.glenister@omwealth.com

Notes to Editors:

Old Mutual Wealth

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

It has an adviser and customer offering spanning:

  • Financial advice delivered by the Intrinsic network in the UK and AAM Advisory in Singapore
  • Platform based wealth management and protection products delivered by Old Mutual Wealth in the UK & Italy* and Old Mutual International globally
  • Asset management solutions delivered by Old Mutual Global Investors
  • Discretionary investment management delivered by Quilter Cheviot.

Old Mutual Wealth oversees £119 billion in customer investments (as at 30 September 2016).

Old Mutual Wealth is part of Old Mutual plc a FTSE 100 group that provides life assurance, asset management, banking and general insurance. Old Mutual is trusted by more than 19.4 million customers across the world and has a total of £342.7 billion assets under management (as at 30 June 2016).

*Old Mutual Wealth announced the sale of Old Mutual Wealth Italy to Ergo Italia on 9 August 2016. The transaction is pending completion.

This press release is for journalists only and should not be relied upon by financial advisers or customers. Investments may fall or rise in value and investors may not get back what they put in.