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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:

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.

Old Mutual Wealth oversees £131.3 billion in customer investments (as at 30 September 2017).

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.

Old Mutual Global Investors (‘OMGI’) is the asset management business of Old Mutual Wealth with £39.8bn funds under management (as at 30 September 2017). On the 19th 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. 

Following managed separation from Old Mutual plc, Old Mutual Wealth will rebrand to Quilter plc. Each of the businesses within the Quilter Plc group will be rebranded over a two-year period, with the exception of Quilter Cheviot, which will retain its existing name.

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 (as at 31 December 2016) customers across the world and has a total of £212.3 billion of assets under management (as at 30 June 2017).

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These materials are not an offer to sell, or a solicitation of an offer to purchase, securities in the United States. The securities to which these materials relate have not been registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offering of the securities in the United States.

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This document is being distributed to and is only directed at: (i) persons who are outside the United Kingdom; or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 as amended (the “Order”); or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as “relevant persons”). Any invitation, offer or agreement to subscribe, purchase or otherwise acquire securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

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This communication is issued by Old Mutual Wealth Management Limited, a Private Limited Company (Company Number 0604270), Old Mutual House Portland Terrace Southampton Hampshire SO14 7EJ.