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Paul Hucknall to join Old Mutual Wealth as HR Director in January 2018

05/10/2017

Old Mutual Wealth, one of the UK’s leading wealth management companies, announces the appointment of Paul Hucknall as HR Director and a member of the Old Mutual Wealth Executive Committee (subject to regulatory approval).  Paul will join the business on 1 January 2018.

Reporting to Paul Feeney, CEO of Old Mutual Wealth, he will be responsible for directing Old Mutual Wealth’s HR function in preparation for the business’ proposed listing on the London and Johannesburg Stock Exchanges in 2018.

Paul brings a wealth of experience from working at board level in publicly listed financial services companies, as well as undertaking HR focused roles within that industry for over 20 years.  He joins Old Mutual Wealth from Lloyds Banking Group, where he has worked for almost a decade, most recently as the People Director, where his responsibilities included reward, performance and HR centres of excellence.  Prior to joining Lloyds Banking Group, he spent six years with Bank of America.  In addition, Paul is Chairman of the CityHR Association and a Trustee Director of the Woodard Schools Benefit Fund, which is an educational charity.

Paul Hucknall comments:

“I am very excited to be joining Old Mutual Wealth at such an important time in the company’s history.  I look forward to working with Paul, the executive team and the Board in continuing to build the UK’s leading wealth management business.”

Paul Feeney adds:

“I am delighted that Paul has agreed to join our team. His wealth of experience from working within large, publicly listed financial services companies will be a valuable addition to our business as we prepare to embark on the next phase of our corporate journey.

“On behalf of everyone at Old Mutual Wealth, I would like to thank Tracey for leading and developing the effective HR function we have today and for the personal support that she has given me in my role as CEO over the last five years.  Tracey will leave the business at the end of the year and we wish her well for the future.”

Tracey Hahn concludes:

“I have enjoyed being part of the Executive Committee that has helped transform Old Mutual Wealth into the unique wealth management business it is today.  We have made huge strides in modernising our business, raising the importance of culture and creating an environment that enables our people to reach their full potential.  I believe the organisation is now well positioned for the next phase of its journey.”

For more information contact

Vee MontebelloOld Mutual Wealth020 7778 955007872 665149vee.montebello@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 £118.1 billion in customer investments (as at 30 September 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.