Our Board doesn’t answer to shareholders – because we don’t have any
Instead, our Directors and executive team are constantly working in the best interests of you - our members and customers - so that we can deliver the best products and service possible.
Here, you can have a read of our Directors' bios and get to know more about the people at the helm of Royal London.
Kevin Parry OBE, Chairman
Kevin Parry OBE joined as Chairman in January 2019. He is also Chairman of the Nominations and Governance Committee and Royal London Asset Management. He regularly attends Board committee meetings.
He has extensive financial services industry experience and is the Senior Independent Director of Nationwide Building Society. He is the Audit and Risk Committee chairman of Daily Mail & General Trust plc. He was formerly Chairman of Intermediate Capital Group plc, Senior Independent Director at Standard Life Aberdeen plc, Chairman of the Homes and Communities Agency and a non-executive director at Schroders plc and Knight Frank LLP. He has been a long standing trustee and Chairman of Royal National Children’s SpringBoard Foundation and is a member of Court of the Worshipful Company of Chartered Accountants in England and Wales.
His career began at KPMG where he progressed to be a managing partner before leaving to be Chief Executive of Management Consulting Group plc and subsequently Chief Financial Officer of Schroders plc.
Barry O'Dwyer, Group Chief Executive
Mr. O'Dwyer joined Royal London in September 2019 as Group Chief Executive. He has extensive experience in financial services, having started his career at a mutual insurance group in 1988. He trained and qualified as an actuary and held a number of senior management positions in both the UK and Ireland. Prior to joining Royal London, he was CEO of Pensions & Savings and a director of Standard Life plc. Mr. O'Dwyer also plays a prominent role in the industry, sitting on the board of the Association of British Insurers.
Daniel Cazeaux, Group Chief Financial Officer
Daniel Cazeaux joined Royal London in June 2020 as Group Chief Financial Officer.
Dan was previously a Partner at KPMG in the UK where he led global client teams delivering audit services to UK and global insurance companies, as well as advising on finance change programmes and transactions.
In his time at KPMG he also performed executive secondment roles into finance functions of large UK insurers and has deep rooted specialist and commercial sector expertise.
David Weymouth, Senior Independent Director
David Weymouth was appointed to the Board on 1 July 2012. David is our Senior Independent Director, is chairman of the Board Risk Committee and sits on the Audit and Nomination Committees.
David retired as Group Chief Risk Officer at RSA at the end of May 2015, having been Group Operations and Risk Director since he joined RSA in 2007.
Prior to this, he consulted for a number of major firms and government organisations, and enjoyed a successful 27-year career at Barclays during which he assumed the role of Group Chief Information Officer.
He is Chairman of Mizuho International Holdings plc, Chairman of One Savings Bank plc and Non-Executive Director of Fidelity International Holdings (UK) plc.
Kal Atwal, Non-Executive Director
Kal is an experienced strategy leader with international experience in start-up, scale up, fintech and digital businesses. She began her career at EY on placement in Madrid after which she held a number of operational and strategic roles with Southern Derbyshire Chamber and Northcliffe Media Ltd, a regional news and media business. She joined BGL Group when the company took over Bennetts, the motorcycle insurance business where she achieved the position of managing director.
She then became the founding managing director of comparethemarket.com, division of BGL Group, transforming the business from a loss-making start up to a highly profitable business, including launching the Meerkat campaign and Toy Rewards. Following her promotion to Group Director of BGL Ltd, Kal was responsible for Brand Led Businesses, Group Strategy and Corporate Communications.
Kal is currently Chair of SimplyCook Limited and Non-Executive Director at Admiral Financial Services.
Sally Bridgeland, Non-Executive Director
Sally Bridgeland was appointed to the Board on 14 January 2015. Sally is Chair of the With Profits Committee and she sits on the Nomination and Remuneration Committees. Sally spent 20 years in a variety of roles at AON Hewitt, covering the design and funding of pension arrangements and advising on investment strategy for pension funds and insurance companies. Sally led a number of industry innovations in her role as Head of Investment Research. She was appointed Chief Executive Officer of the BP Pension Fund in 2007, where she was responsible for strategy, regulatory and operational matters for the £19 billion BP Pension Fund.
Sally is currently an Independent Trustee for Lloyds Banking Group Pension Trustee Limited, Nuclear Liabilities Fund Limited, and The Royal Air Force Central Fund. She is a member of the Trust Investment Committee at innovation charity Nesta, Non-Executive Director of Impax Asset Management Group plc and Local Pensions Partnership Limited, former Master of the Worshipful Company of Actuaries and Honorary Group Captain with 601 (County of London) Squadron RAuxAF.
Ian Dilks, Non-Executive Director
Ian Dilks was appointed to the Board on 14 November 2014. Ian is Chairman of the Investment Committee and he sits on the Nomination and Audit Committees. Ian spent his entire career at PwC, joining the firm (which was then Coopers & Lybrand) in 1974 and becoming a Partner in 1986. He rose to become a member of PwC’s Global Financial Services Leadership team and Global Insurance Leader and also led PwC’s IFRS conversion businesses in the UK. In his final role in PwC he had responsibility globally for Public Policy and Regulatory Affairs. Ian was formerly Expert Adviser, House of Commons Treasury Committee. He is currently Chairman of the NHS Resolution (formerly NHS Litigation Authority).
Tracey Graham, Non-Executive Director
Tracey Graham was appointed to the Board on 11 March 2013 as the Chair of the Remuneration Committee. She also sits on the Risk and Nomination Committees. Tracey is also Chair of Investment Funds Direct Limited Board, our platform services business. Tracey was Chief Executive of Talaris Limited, an international cash management business, from 2005 to 2010. During this time, she led the management buyout of that business from De La Rue. Prior to that, she was President of Sequoia Voting Systems, Customer Services Director at AXA Insurance plc, and held a number of senior positions at HSBC. Tracey is currently Non-Executive Director of Link Scheme Ltd and Chairman of the Link Consumer Council, Senior Independent Director of Ibstock plc, and Non-Executive Director of DiscoverIE plc.
Tim Tookey, Non-Executive Director
Tim Tookey joined Royal London as an Independent Non-executive Director and Chairman of the Audit Committee in April 2020. Tim is a Chartered Accountant with strong experience of major retail financial services organisations. He has significant Board experience and became an Independent Non-executive Director of Nationwide Building Society and Chairman of the Society's Board Risk Committee in July 2015. Tim was Chief Financial Officer of Quilter Plc (Previously known as Old Mutual Wealth Management Limited).
Tim is a former Chief Financial Officer at Friends Life Group Ltd, a position he held from 2012 until the sale of the business to Aviva in April 2015. Prior to joining Friends Life, he was Group Finance Director of Lloyds Banking Group between 2008 and 2012, having been appointed as Deputy Group Finance Director upon joining the bank in 2006. From 2002 to 2006, he was Finance Director of Prudential PLC&'s UK business and from 1996 to 2002 he held the role of Group Finance Director at Heath Lambert Group.
Royal London values and promotes inclusion, recognising that difference is a strength. The Board appreciates the benefits that diversity can bring in terms of effectiveness and through its Nomination Committee, is committed to ensuring there is the necessary balance of skills, experience and knowledge when conducting its regular reviews of the structure and composition of the Board.