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Phoenix brings in Aegon investment head to manage Standard Life brand

by John Greenwood
February 23, 2021
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Phoenix Group has named Sangita Chawla as marketing director for its savings and retirement business.

She joins from Aegon, where she was responsible for the investment solution strategy for the UK workplace and retail business, and as head of investment solutions strategy, led the firm’s retirement income and ESG propositions. She has over 25 years’ experience covering both workplace and intermediary channels and has also held senior roles within distribution, investment, marketing and propositions at Aon, Schroders and Fidelity.

Chawla will work closely with Colin Williams, Phoenix’s incoming managing director, pensions and savings, who recently left Aviva to join the organisation, and reports into Andy Curran, CEO Savings and Retirement UK and Europe.

As part of this ongoing investment, today Phoenix Group has also announced that it is set to acquire the Standard Life brand from its strategic partner Standard Life Aberdeen.

Sangita will be responsible for managing the Standard Life brand for Phoenix’s open savings and retirement businesses.

Curran says: “As we grow our Open business, we are investing in a market-leading team with specialist skills and a proven track record of delivery, placing customers at the heart of everything we do. Sangita has a strong track record of building integrated marketing programs and will play an important role in developing our propositions for all of our stakeholders.”

Chawla says: “I’m delighted to be joining at this exciting time, as Phoenix announces it will be taking ownership of the Standard Life brand with heritage dating back almost 200 years. I’m very much looking forward to further strengthening the market presence of this well-established brand in the savings and retirement market, and to working with my new colleagues to make the most of the opportunities we now have. We will be investing in our brand and product innovation to continue to make us relevant to our customers today and in the future, and meet our business ambitions to be the leading provider of pensions and savings solutions.”

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