Aegon appoints Waller as distribution boss after Gale exits

Patrick Gale, Aegon executive chairman of distribution, has left the company and will be replaced by current strategy director Rob Waller.

Gale was appointed to the position in June 2011 having originally joined Aegon in a non-executive role.

At the time of the appointment Aegon said Gale (pictured) would have a more proactive approach to ensuring its national IFAs Positive Solutions and Origen delivered on their strategy and prepared for the implementation of the retail distribution review (RDR).

Waller's appointment is currently awaiting FSA approval.

Gale joined Aegon in March 2010 as non-executive chairman of Aegon’s distribution board.

He was previously chief executive of network Sesame between 2000 and 2007.

Adrian Grace, Aegon chief executive, said: 'Over the past three years, Patrick has led the successful transformation of Origen and Positive Solutions and I’d like to thank him for leading both businesses in the run up to RDR and wish him well for the future.'