St James’s Place (SJP), the UK wealth manager part-owned by Lloyds Banking Group, has appointed Andy Marks, head of institutional relationships at Canada Life, to the FTSE-250-listed wealth manager’s management team in its Leeds office.

Marks first joined Canada Life International in 1998, spending seven years there as sales director before becoming sales director of Canada Life, a post he held for nine years, reports International Adviser.

Following stints at The Hartford and MetLife Financial Services that totalled around four years, he returned to Canada Life about 19 months ago, succeeding David Gregory, who went to head up a new Generali PanEurope operation, as executive director of its UK and international business.

At Canada Life, Marks was a familiar figure in the offshore bond market, where he was a staunch defender of the product’s virtues, even after the coming into force, on 1 January 2013, of the Retail Distribution Review – with its ban on commissions, and greater transparency.

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