Other Citywire websites
Stay connected:

View the article online at http://citywire.co.uk/new-model-adviser/article/a650697

Ex-Aegon director Gale appointed Defaqto chairman

by Jun Merrett on Jan 14, 2013 at 11:33

Ex-Aegon director Gale appointed Defaqto chairman

Patrick Gale, former executive chairman of distribution at Aegon has been appointed as a non-executive chairman of research company Defaqto.

Gale, who replaces Rupert Pennant-Rea at Defaqto, left Aegon earlier in January after heading up Aegon's national IFA firms Positive Solutions and Origen since June 2011 having originally joined the provider in a non-executive position in March 2010.

Pennant-Rea announced in December he would stand down from roles including the chair of Henderson Group to become a non-executive director and chairman designate of the Royal London Group.

Gale (pictured) said: ‘I very much look forward to working with Zahid [Bilgrami, Defaqto chief executive] and the team to achieve our strategic goals. The retail distribution review and the evolving regulatory landscape play to Defaqto’s core strengths and present many new opportunities for us to deepen our relationships with our clients.’

Bilgrami, said: ‘I am delighted that Patrick has joined Defaqto as non-executive chairman. He is a highly respected financial services practitioner with technology experience. As a financial research and software company, Patrick’s experience and knowledge in these areas will be incredibly valuable.’

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Opportunities emerge as production moves back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

A spotlight on Alastair Mundy

Alastair Mundy met Citywire's Daniel Grote at the London Stock Exchange Studios for a detailed interview about the Investec Cautious Managed fund.


Sunday Papers: Malaysia Airlines in brand overhaul

by Himanshu Singh on Jul 27, 2014 at 05:16

Sorry, this link is not
quite ready yet