Canada Life has appointed Lindsey Rix as UK chief executive officer.
Rix, who succeeds Doug Brown who left the life insurer late last year, will report into David Harney, president and chief operating officer Europe for the group’s parent Great-West Lifeco.
Her new remit is to continue to deliver the strategy set by the group’s UK board to deliver a major transformation programme with the aim of becoming a major competitor in the retirement market combining the core strengths of its’ established wealth, insurance and asset management businesses.
Rix joins from rival Aviva where she led their UK savings and retirement business, bringing experience from working in corporate banking, wealth management, retail savings and retirement. Her appointment is subject to regulatory approval and her start date will be confirmed in due course.
Commenting on the appointment, David Harney, president and chief operating officer Europe for Great-West Lifeco, said: “After an open and thorough search of the market I am delighted to confirm the appointment of Lindsey as our UK CEO. Lindsey joins the business in the midst of a major transformative programme and I know she will do a fantastic job in completing the work while we also pursue our ambitious growth agenda. This is a fantastic opportunity for Lindsey to make her mark and I and the board look forward to working alongside her to make that happen.”
Rix added: “This is a hugely exciting opportunity to be able to lead the UK business, conclude the transformation agenda and focus on new areas of growth. In combination with the strength of our brand and reputation, I can already see the huge untapped potential to really make a difference, supporting advisers and their clients build better futures.”
Yesterday, Aviva announced Rob Barker, MD of its health and protection business, has moved to managing director of the insurer’s savings & retirement business.