Mark Till has been appointed managing director for Aegon Digital Solutions, the provider’s workplace and platform business, in a leadership reshuffle that see Adrian Grace add the role of CEO of Cofunds to the identical roles he already holds at Scottish Equitable and Aegon UK.
Aegon Digital Solutions holds the recently acquired BlackRock DC business, Cofunds, Aegon’s platform operation and its workplace and protection propositions.
The announcement also confirms the appointment of former Scottish Widows distribution director Ronnie Taylor as chief distribution officer, as revealed exclusively in Corporate Adviser last week.
Till, who is currently chief distribution and marketing officer will in his new role be responsible for Aegon’s platform, workplace and protection businesses.
David Hobbs is appointed managing director for investments while Richard Denning has been named chief transformation and digital officer.
Aegon says the changes are designed to reflect its shift from traditional life company to an intermediated, digital platform business.
Grace says: “In 2016 we split our business into two creating a new digital solutions business with some of the latest technologies and digital applications, including our investment platform. We now have the infrastructure, scale and momentum, in place, making it an appropriate time to appoint a managing director for this business.
“Aegon has transformed itself through two strategic acquisitions and it’s important that our management structures reflect the focus of the business, aligning our structure to help grow the business while keeping the interests of our customers safe.
“Following the huge strides we’ve made, I’m delighted to appoint Mark to lead our expanded digital business, reflecting our compelling plans to build a service around the needs of intermediaries and their clients.
“David has done an outstanding job at leading Cofunds and integrating the business into the Aegon family. There’s a great deal of investment expertise within Cofunds and as we move from a life and pensions company to a broader investment platform business, David will use his undoubted skill to grow our investment business, including the new Aegon multi-asset fund range being launched later this year.
“Richard’s wider remit reflects both his skill in managing our operational areas and the continual strides we are taking to transform our digital proposition to better meet the needs of the intermediaries we serve.
“Ronnie joins the company at an exciting time and has huge depth of experience in leading workplace and retail sales teams. He’ll play an important role as we look to build our position as the UK largest platform service for intermediaries and grow our workplace market share.”
