Old Mutual Wealth’s vice chairman Peter Mann is set to retire in the middle of 2014 to pursue other opportunities.
However, Mann will continue to remain in his role until the mid-year to ensure a smooth hand over of his responsibilities.
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Mann has worked with Old Mutual Wealth, comprising Skandia and Old Mutual Global Investors, for 12 years.
Since joining Old Mutual Wealth in 2001, Mann has held several roles in the business including CEO Skandia UK prior to pursuing his current role as vice-chairman Old Mutual Wealth last year.
Peter said: "Following the launch of our WealthSelect product range, the acquisition of Intrinsic and the arrival of key new talent I am confident that journey is well underway. There is a strong team in place to take the business forward."
Paul Feeney, CEO of Old Mutual Wealth, said: "Peter is held in high regard not only by this business, but within the industry as a whole, and I know we shall continue to enjoy his interest and his regard as he moves on to tackle new challenges."
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