Tim Tookey, former Friends Life CFO, joins OMW in triple boardroom appointment

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Old Mutual Wealth has beefed up its boardroom with a triple appointment.

Rosie Harris, who joins as chair of the board risk committee in April 2017, brings 30 years’ experience with her. She is retiring from her role as Aviva’s chief UK risk officer ahead of taking up her post with Old Mutual Wealth.

Before Aviva she held senior risk roles at Friends Life and Lloyds, and also had a two-year spell at Lloyds from 2007 where she served as group risk director.

Her longest spell was at Prudential, where she spent 22 years working her way up to UK chief operating officer.

Alongside her, George Reid will join the audit and board risk committee and Tim Tookey will becomes chair of the board audit committee. The pair wered added to Old Mutual Wealth’s board in February.

Reid’s career started in 1987 with PwC and he held various roles within the organisation before joining Standard Life, where he worked as group chief accountant and financial reporting director for UK life and pensions.

He subsequently spent time at EY, which included heading the firm’s Scottish business.

Tookey brings 20 years’ experience with him, his most recent role being chief financial officer of the Friends Life Group. He also had a six-year spell at Lloyds, which included group finance director from 2008-12 and five years at Prudential.

‘Rosie, George and Tim between them bring an enormous depth and breadth of relevant industry and senior management experience, as well as FTSE 100 and other non-executive experience,’ Old Mutual Wealth chair Glyn Jones said.

‘These further appointments will help prepare the Old Mutual Wealth business for its managed separation from the Old Mutual Group.’

The latest recruits join banking veterans Moria Kilcoyne and Cathy Turner, who joined Old Mutual Wealth’s board in December.

Source: City Wire