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
Committee membership: Nominations and Governance Committee (Chair), Disclosure Committee (Chair)
Appointed: 19 March 2019
Skills and experience: Kevin Parry is a chartered accountant and has deep financial services experience as an Executive and Non-Executive Director encompassing life insurance, banking and asset management. He was formerly the Chief Financial Officer of Schroders plc, Chief Executive of Management Consulting Group plc and a Managing Partner at KPMG. He was formerly Chairman of Intermediate Capital Group plc, Senior Independent Director and Chairman of the Audit Committee at Standard Life Aberdeen plc and Non-Executive Director of Knight Frank. He was also Audit Committee Chairman at Schroders plc.
External appointments: Chairman elect and Deputy Chairman of Nationwide Building Society, Non-Executive Director and Audit and Risk Committee Chairman of Daily Mail and General Trust plc.
Barry O'Dwyer, Group Chief Executive
Appointed: 8 January 2020
Skills and experience: Barry O’Dwyer joined Royal London in September 2019 as Group Chief Executive. He is an actuary with extensive financial services experience in UK and Ireland. He began his career at Standard Life in 1988, when it was a mutual. In 2008, he moved to HBOS and shortly afterwards to Prudential UK & Europe, where he became Deputy CEO. He returned to Standard Life in 2013, where he became CEO of Standard Life’s assurance, pensions and savings businesses. He joined the board of Standard Life plc in 2018. Following their merger with Aberdeen Asset Management, he was head of Standard Life Aberdeen’s UK business. Barry was appointed President of the Association of British Insurers in July 2021.
External appointments: President of the Association of British Insurers.
Daniel Cazeaux, Group Chief Financial Officer
Committee membership: Disclosure Committee, Investment Committee, With-Profits Committee
Appointed: 22 September 2020
Skills and experience: Daniel Cazeaux joined Royal London in June 2020. He is a chartered accountant and 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 Dan also performed executive secondment roles into finance functions of large UK insurers and has deep rooted specialist and commercial expertise. Dan is also a director of Royal London Insurance DAC (Royal London’s business in Ireland).
Ian Dilks OBE, Independent Non-Executive Director and Senior Independent Director
Committee membership: Investment Committee (Chair), Audit Committee, Nominations and Governance Committee, Remuneration Committee
Appointed: 14 November 2014
Skills and experience: Ian Dilks is a chartered accountant and spent his entire professional career at PricewaterhouseCoopers LLP (PwC), joining the firm (which was then Coopers & Lybrand) in 1974, and becoming a Partner in 1986. He rose to become a member of the Global Financial Services leadership team and global insurance leader. He has deep experience of the insurance sector, gained through providing audit, advisory and transaction support services to a wide range of major UK and international insurance groups. From 2010 to 2013 he had responsibility for the public policy and regulatory affairs of the PwC global network. From March 2014 to December 2020 he was Chair of NHS Resolution, an Arm’s Length Body within the NHS.
Kal Atwal, Independent Non-Executive Director
Committee membership: Nominations and Governance Committee, Risk and Capital Committee
Appointed: 17 January 2020
Skills and experience: Kal Atwal 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. She joined BGL Group when the company took over Bennetts, the motorcycle insurance business, where she held the position of Managing Director. She then became the founding Managing Director of comparethemarket.com, a division of BGL. Following her promotion to Group Director of BGL Limited, she was responsible for brand-led businesses, group strategy and corporate communications.
External appointments: Non-Executive Director at Admiral Financial Services Limited, Whitbread plc and WH Smith plc. Board Adviser to SimplyCook Limited.
Sally Bridgeland, Independent Non-Executive Director
Committee membership: With-Profits Committee (Chair), Nominations and Governance Committee, Risk and Capital Committee
Appointed: 14 January 2015
Skills and experience: Until recently, Sally Bridgeland was a trustee at the Nuclear Liabilities Fund and at both NEST Corporation and the Lloyds Bank pension schemes. She was Chief Executive Officer of the BP Pension Scheme from 2007 to 2014, after 20 years with Aon Hewitt working both as a pensions and investment consultant and in research and innovation. She is a Fellow of the Institute of Actuaries and the Board benefits from her extensive knowledge of asset liability modelling, along with investment strategy design and implementation.
External appointments: Chair of Impax Asset Management Group plc, Non-Executive Director of the Local Pensions Partnership (LPP) Limited, and Chair of its Financial Conduct Authority-regulated investment company, Non-Executive Director of the Pension Insurance Corporation plc and Non-Executive Director of Royal & Sun Alliance Insurance Limited.
Ruth Davidson, Independent Non-Executive Director
Committee memberships: Nominations and Governance Committee, Remuneration Committee
Appointed: 8 June 2021
Skills and Experience: Ruth Davidson has extensive experience in the political frontline, leading the Conservative Party in Scotland and playing key roles in the referendum campaigns surrounding Brexit and Scottish independence. A regular attendee at political cabinet, she operated as a key advisor to two Prime Ministers on constitutional issues. Ruth was appointed to the Privy Council in 2016 and joined the House of Lords in 2021 as Baroness Davidson of Lundin Links. Ruth is committed to championing better environmental, social and governance practices and has worked extensively in promoting diversity across a wide range of organisations.
External Appointments: Trustee of the HALO Trust, John Smith Trust and Non-Executive Director of W.A. Baxter & Sons (Holdings) Limited.
Shirley Garrood, Independent Non-Executive Director
Committee membership: Nominations and Governance Committee
Appointed: 10 December 2020
Skills and experience: Shirley Garrood has extensive and relevant Executive and Non-Executive financial services experience and is a qualified chartered accountant and corporate treasurer. Prior to joining Royal London, she was Senior Independent Director and chaired the Risk Committee at Hargreaves Lansdown plc. Her former roles include Chief Financial Officer of Henderson Group plc from 2009-2013 and then Senior Independent Director, Deputy Chair and Chair of the Audit Committee at esure Group plc until 2019. As well as working in financial roles, she was previously Chief Operating Officer at Henderson Group plc and at Morley Fund Management (part of Aviva). She also served as a governor of the Peabody Trust housing association.
External appointments: Non-Executive Director and Chair of the Audit and Risk Committee of the BBC Board. Independent Non-Executive on the Deloitte Audit Governance Board providing oversight of the external audit and assurance business only.
Tracey Graham, Independent Non-Executive Director
Committee membership: Remuneration Committee (Chair), Investment Committee, Nominations and Governance Committee, Risk and Capital Committee
Appointed: 10 March 2013
Skills and experience: Tracey Graham is an experienced Non-Executive Director serving on both Financial Services and Industrial Sector Boards. During her executive career, she was Chief Executive Officer of Talaris Limited, an international cash management business, from 2005 to 2010 where she led the management buyout of that business, backed by the Carlyle Group from De La Rue. Prior to this, Tracey was President of Sequoia Voting Systems based in California, USA, and held senior positions in banking and insurance with HSBC and AXA Insurance.
External appointments: Non-Executive Director of Link Scheme Ltd and Chair of the LINK Consumer Council, Senior Independent Director of Ibstock plc, Non-Executive Director of DiscoverIE plc, Member of the Court of Common Council, City of London Corporation and Governor of City of London Freemen’s School.
Jane Guyett CBE, Independent Non-Executive Director
Committee membership: Nominations and Governance Committee, Remuneration Committee
Appointed: 4 August 2021
Skills and Experience: Jane Guyett brings significant knowledge and experience of financial markets and corporate governance in the UK and globally. She has held senior roles with Bank of America Merrill Lynch in London and New York and was also Chief Operating Officer (EMEA and Asia) of the Global Markets Group, and sat on the Board of Bank of America Securities. Jane was a Non-Executive Director of UK Financial Investments Limited until 2018, advising the UK Government on its shareholdings in FTSE financial services companies. Jane was awarded a CBE in Her Majesty’s New Year’s honours list in 2021 for services to the Economy.
External appointments: Senior Independent Director of UK Government Investments Limited, Independent Non-Executive Director of LCH Limited and Banque Centrale de Compensation SA. Paris and Chair of Connect Plus (M25) Plc.
Mark Rennison, Independent Non-Executive Director
Committee membership: Risk and Capital Committee (Chair), Audit Committee, Nominations and Governance Committee
Appointed: 25 September 2020
Skills and experience: Mark Rennison was Chief Financial Officer at Nationwide Building Society from 2007 to 2019 and prior to that worked at PricewaterhouseCoopers LLP for more than 25 years, including 12 years as a Partner in its banking practice. He has significant experience of working both with and for large financial services organisations. He is a former member of the Prudential Regulation Authority (PRA) Practitioner Panel and a former Chair of the UK Finance Financial Risk and Policy Committee.
External appointments: Non-Executive Director at Homes England and TSB Bank plc.
Tim Tookey, Independent Non-Executive Director
Committee membership: Audit Committee (Chair), Nominations and Governance Committee, Risk and Capital Committee
Appointed: 6 April 2020
Skills and experience: Tim Tookey is a chartered accountant with strong experience of major retail financial organisations and has significant board experience. He was Chief Financial Officer of Quilter plc (previously known as Old Mutual Wealth Management Limited). He is a former Chief Financial Officer at Friends Life Group Limited, 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.
External appointments: Non-Executive Director of Nationwide Building Society and Chair of its Board Risk Committee.
The Group values and promotes diversity and inclusion. We recognise that having a range of backgrounds and experience in senior positions is the right thing to do and provides the Group with strategic advantage.
You can read our Board Diversity and Inclusion Policy [PDF, 0.2 Mb] for more on our commitment and approach.