Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Williamson to succeed Biggs as Resolution chairman

The life office has picked Friends Life chairman Sir Malcolm Williamson to lead the firm once it moves to a more simplified governance structure.

Friends Life chairman Sir Malcolm Williamson will take the helm at Resolution when Mike Biggs steps down later this year.

The transition will take place when the life office moves to a more simplified governance structure, which it outlined in August 2012.

Williamson has been chairman of Friends Life since February 2010. His career has also seen him have spells as chief executive of Standard Chartered and of Visa International and chairman of National Australia Group Europe and of Britannic Group.

Williamson will join the board of the company when the membership of the boards of the company and Friends Life Group are unified at the end of March 2013.

Phil Hodkinson, who led the nomination committee process, told the stockmarket: ‘Sir Malcolm brings a wealth of experience as a chairman to the role.

‘He has been instrumental in strengthening the senior management of Friends Life and the continuity of his leadership at this pivotal time in the development of business will ensure that the current operational progress is maintained.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
When Brewin's Gutteridge met BlackRock's easy Rieder

When Brewin's Gutteridge met BlackRock's easy Rieder

Following Federal Reserve chair Janet Yellen’s testimony, Ben Gutteridge, head of fund research at Brewin Dolphin, grills Rick Rieder, CIO of fundamental fixed income at BlackRock.

Play Sam Vecht: the best opportunities in frontier markets

Sam Vecht: the best opportunities in frontier markets

Blackrock's Vecht evaluates frontier markets and explains where he sees the opportunities

Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

Your Business: Cover Star Club

Profile: meet the man building Towry into an £11bn giant

Profile: meet the man building Towry into an £11bn giant

As a former engineer who worked on Hong Kong International Airport, Rob Devey is not afraid of taking on major projects

Wealth Manager on Twitter