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Brendan Dolan to become new sales director for Old Mutual International

10/01/2017

Brendan Dolan will become the new sales director for Old Mutual International, part of Old Mutual Wealth, subject to the appropriate regulatory approvals. Brendan has been with the company for over 25 years, the last 10 years have been spent in Dubai, heading up the Middle East and Africa region.

Brendan has over 33 years’ experience in Financial Services, and has developed considerable knowledge of the international industry during this period. He has a deep understanding of distribution channels, including traditional IFA channels, as well as Bancassurance and Private Banking channels. He has strong technical, operational and sales knowledge, combined with an excellent market insight and a proven ability to develop and grow a business.

Old Mutual International is seeking a replacement for Brendan’s role in the Middle East. In the meantime, he and the existing team in the Middle East will continue to support advisers locally.

Peter Kenny, managing director, Old Mutual International comments:Peter Kenny

“This is a natural progression for Brendan, and is recognition of the significant contribution Brendan has made in growing the Old Mutual International business and in developing and leading his team locally in the Middle East.

“The international advice industry is evolving, and it is more important than ever that we play a proactive role in supporting advisers, helping them build sustainable business models. Brendan has real passion for improving customer outcomes and his collaborative leadership style will be a real asset to our business during this period of transition.”

Brendan Dolan comments:

 “I am thrilled to be given the opportunity to lead the international distribution team. Old Mutual International has a great pool of talent and we are well-respected within the industry for the unrivalled support and technical expertise we provide. I look forward to building on our success and growing the international business for the benefit of both advisers and customers.”

For more information contact:

Sophie Heywood
Old Mutual Wealth
02380 916770
07834 499558
sophie.heywood@omwealth.com

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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