Zombie fund FD becomes CEO

Zombie fund FD becomes CEO

Insurance fund Resolution makes Mikes Biggs its chief executive and appoints Jim Newman in his place

Zombie fund insurance group
Resolution has appointed its finance
director as its new
CEO.

It
said today
Mike Biggs would replace Paul Thompson as chief executive with
immediate effect.

Resolution specialises in closed life funds, and has been the subject of bid
speculation recently.

Jim Newman is to replace Biggs as FD.

Further reading:

Read
the Reuters piece

Resolution website

Stock
Exchange announcement

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