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Phoenix finance head lands Guardian chief exec role

Phoenix finance head lands Guardian chief exec role

Phoenix Group finance director Jonathan Yates is to leave the life insurance consolidator to head up Guardian Financial Services, the life insurer sold by Aegon to private equity group Cinven earlier this year.

Yates, who has been at Phoenix since May 2010, will take up the chief executive position at Guardian at the end of February.

He said in a statement: 'I have thoroughly enjoyed my time at Phoenix and I wish it every success as I take on this new challenge.'

Paul Miles, Phoenix deputy finance director, will become interim finance director following Yates' departure.

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