Norwich Union has boosted its finance team with the appointment of Richard Field as director of investments for Norwich Union Life.
Norwich Union has boosted its finance team with the appointment of Richard Field as director of investments for Norwich Union Life.
Reporting to Norwich Union finance director, Nic Nicandrou, Field will be responsible for the overall investment management strategy for the Life business. In addition, he will be tasked with establishing and managing a governance programme for all investment-related matters for the business.
Field has extensive experience in the area of investment management, working most recently on a new venture offering generic financial advice. His career also includes roles with major financial players including Prudential. He is an actuary by trade and has an MBA from London Business School.
Richard Field says: “I am delighted to have joined Norwich Union at such an exciting time and I am very much looking forward to rising to the challenge of my new role.”
Nic Nicandrou adds: “One of the priorities for the Life business this year is to further improve our investment performance to create even better value for our customers. Richard will be instrumental in delivering this key element of our customer ambition. With his experience and insight, he will be a great asset to our business.”
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About Norwich Union
Norwich Union is the UK’s largest insurer. It is a leading provider of life, pensions and investment products and one of the largest financial adviser (FA) providers. FAs provide over 70% of the company's long-term savings business in the UK.
Norwich Union is the UK’s largest general insurer with a market share of around 14%, with a focus on insurance for individuals and small businesses.
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