The life sector consolidator has hired Andy Briggs as its chief executive, effective 1 January 2020.
He will succeed Clive Bannister, who will retire on 10 March 2020, having joined Phoenix Group in February 2011.
Briggs has over 30 years of insurance industry experience.
He was group chief executive of Friends Life, managing director of Scottish Widows, chief executive of the retirement income division at Prudential and chairman of the Association of British Insurers.
Briggs was chief executive of UK insurance of Aviva until earlier this year.
The newly appointed chief executive will receive an annual salary of £800,000 ($1.02m, €929,000) and a pension allowance of 12% of salary.
He will be able to participate in the company’s existing annual incentive plan up to a maximum of 150% of salary and the long-term incentive plan, with an annual award of 275% of salary.
Sesame Bankhall Group
The UK financial services group has made changes to its executive team.
It has named Stephen Harris as chief financial officer.
He will join from Aviva, where he has worked for seven years in a range of senior management roles, most recently in the life business as commercial and finance lead for strategic programmes.
SBG’s current group finance director, Jim Kelly, will become group business development director.
Both Harris and Kelly will report to executive chairman John Cowan.
Group managing director Martin Schultheiss will be leaving SBG, but it is not yet known what his next steps will be.
The insurer has named Jan-Hendrik Erasmus as chief risk officer, effective February 2020.
Erasmus joins Aviva from NN Group, where he was chief risk officer for over three years.
Gerhard Lohmann will join the bank’s international wealth management (IWM) arm as chief financial officer, based in Zurich.
He will report to the chief executive of IWM, Philipp Wehle, and joins from Swiss Re, where he has been chief financial officer of the reinsurance unit.
The Malta-based financial services firm has appointed Clive Spiteri as chief financial officer.
Prior to joining CC Group, Spiteri was previously employed with Novum Bank and HSBC.
Investec Asset Management
The firm has brought in John Cappetta to serve as head of private banking and as an Asia adviser.
He will be based in Singapore and assume responsibility for managing and driving Investec Asset Management’s private bank distribution business across Asia.
Cappetta was formerly at Julius Baer in the city state, where he was the head of funds advisory for Asia.
Prior to that, he held senior roles at Merrill Lynch, George Van & Company and Safra Asset Management in the US, Singapore and Australia.
The wealth manager has confirmed chairman Tim Steel would be succeeded by current board member Philip Shelley.
Shelley joined WH Ireland from Arlington Capital Markets in July and serves on the group’s audit, risk and remuneration committees.
Alongside Shelley’s appointment, head of wealth management Stephen Ford has been appointed as an executive director of the company.
Ford joined WH Ireland in December 2018.
Nichola Pease is standing down as a non-executive director at asset manager Schroders with immediate effect.
She is set to become chairman of Jupiter Fund Management, effective from 2 March 2020.
She had been due to leave the Schroders board in April 2021.
Damon Buffini has been appointed chairman of Schroders’ remuneration committee and Rhian Davies has been appointed a member of the committee, both with immediate effect.
Deborah Waterhouse has also been appointed to the audit and risk committee, also with immediate effect.
The Investing and Saving Alliance (Tisa)
Tony Stenning has been named as the UK consumer wellbeing association’s chair.
He has nearly three decades of investment industry experience, including 16 years at Blackrock, where he was a managing director and held a number of senior positions, including head of UK retail and head of retirement in Emea.
Stenning joined the board of Tisa in 2014, becoming deputy chair in 2016.
Susannah Treherne has become head of succession and tax in the law firm’s Thames Valley operation.
She joins from Slade Legal, where she headed up their private client team and specialised in probate, Wills, trusts, asset protection, lasting power of attorney and court of protection cases for individuals and their families.
Treherne will join the firm’s Oxford office.