Directorate Change
May 24 2011 - 9:48AM
UK Regulatory
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Friends Provident Holdings (UK) plc announcement
Andy Briggs joins as CEO and Board appointment
Friends Provident Holdings (UK) plc (the Company) announces that Andy Briggs
will take up the role of chief executive officer (CEO) of Friends Life on 1
June 2011. He will be formally appointed to the Board of Friends Provident
Holdings (UK) plc on 1 June. Trevor Matthews, the current chief executive
officer, will assume the role of vice chairman with effect from the same date.
Sir Malcolm Williamson, chairman of Friends Provident Holdings (UK) plc said:
"I am delighted to welcome Andy to Friends Life and am confident he will do a
tremendous job in taking the business through to the successful completion of
Resolution's UK life project and beyond. I look forward to working with Andy in
his new role as CEO. "
Andy Briggs, CEO of Friends Life, commented:
"The Friends Life business has a real opportunity to be a catalyst for change
in the UK life sector and I am excited about joining at this time and leading
the executive team. Our task is to continually improve our offer to customers
and motivate our people, thereby driving value for our investors and creating a
sustainable long-term business with an exciting future. I am looking forward to
working with the enthusiastic and talented team at Friends Life to make this
happen."
For further information, please contact:
Peter Timberlake Friends Life +44 (0)7500 817 094
Emma Evans Friends Life +44 (0)7833 294 891
Notes to editors
It was announced by Resolution Ltd on 25 January 2011 that Andy Briggs would
join Friends Life as CEO. Andy joins from Lloyds Banking Group, where he
started with Scottish Widows in 2007. Previously he worked at Prudential for 19
years.
A copy of Resolution's previous announcement of 25 January 2011 is and will be
available, subject to certain restrictions relating to persons resident in
restricted jurisdictions, for inspection on the Resolution website at
www.resolution.gg.
A copy of this announcement is available on Friends Life's website
www.friendslife.co.uk .
For the avoidance of doubt any other information contained on Resolution's
website does not form part of this announcement.
END
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