Old Mutual FD to step up at Skandia

Old Mutual FD Julian Roberts has been nominated to take up the role of
Skandia CEO.
With Old Mutual set to complete its takeover of Skandia, Roberts will take his
place on a new board of directors, if chosen, on 22 February.
Roberts will end his term as Old Mutual FD, and stand down from his non-exec
directorships at Old Mutual subsidiaries. Chief executive Jim Sutcliffe said
Roberts’ experience in bringing businesses together and in change management
made him the ‘ideal candidate’ to take on the role.
Old Mutual deputy FD Richard Hoskins will step in as acting group FD from 1
The deal to tie up the Skandia purchase is expected towards the end of March.

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