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. His former appointments include as a Non-Executive Director and Audit Committee Chairman at Schroders plc and subsequently as their Chief Financial Officer, Chief Executive of Management Consulting Group plc and a managing partner at KPMG. He has also served as 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 LLP.
External appointments: His principal current external appointments are Chairman of Nationwide Building Society and Non-Executive Director of Daily Mail and General Trust plc, Chairman of its Audit and Risk Committee and member of its Investment and Finance Committee. He was awarded an OBE in 2017 for services to vulnerable children.
Barry O'Dwyer, Group Chief Executive Officer
Committee membership: Disclosure Committee (Chair)
Appointed: 8 January 2020
Skills and experience: Barry O’Dwyer is an actuary with extensive financial services experience in the 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 the head of Standard Life Aberdeen’s UK business, before joining Royal London.
External appointments: He plays a prominent role in the industry as President of the Board 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 from 2008 to 2020 was 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 expertise. He 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. He is also a former Expert Adviser to the House of Commons Treasury Committee. From March 2014 to December 2020 he was Chair of NHS Resolution, an arm’s-length body within the NHS.
External appointments: His current appointments include Chair of the Care Quality Commission, the independent regulator of health and social care in England. He was awarded an OBE in 2020 for services to the NHS.
Kal Atwal, Independent Non-Executive Director
Committee membership: Nominations and Governance Committee, Risk and Capital Committee, Investment 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: She is currently a Non-Executive Director at Admiral Financial Services Limited, Whitbread plc (member of the Remuneration and Nomination Committees), WH Smith plc (Chair of the ESG Committee and member of several other Committees) and OSB Group plc (member of the Group Remuneration and People Committees). Formerly the Chair of SimplyCook Limited, she continues to provide advisory services to that Board.
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: An Actuary by profession, Sally Bridgeland has extensive experience in investment management and pensions, serving as a trustee of the Nuclear Liabilities Fund, 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: She is currently Chair of Impax Asset Management Group plc and certain of its subsidiaries, a Non-Executive Director and Chair of Local Pensions Partnership Investments Limited, a Non-Executive Director of Pension Insurance Corporation plc and and a Non-Executive Director of Royal & Sun Alliance Insurance Limited and RSA Insurance Group Limited. She is also a Committee Member of the Nesta Trust charity’s investment committee and holds offices with livery companies, associations affiliated with the RAF, and educational bodies.
The Rt. Hon. Baroness Ruth Davidson PC, Independent Non-Executive Director
Committee memberships: Nominations and Governance Committee, Remuneration Committee
Appointed: 8 June 2021
Skills and Experience: Baroness 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 was a key adviser to two Prime Ministers on constitutional issues. She was appointed to the Privy Council in 2016 and joined the House of Lords in 2021 as Baroness Davidson of Lundin Links. She is committed to championing better environmental, social and governance practices and has worked extensively in promoting diversity across a wide range of organisations. Before entering politics, she worked in journalism, first in newspapers and then in radio and television, including with the BBC as a presenter of news and current affairs.
External Appointments: Her current appointments include as a trustee of the HALO Trust, Board member of The John Smith Centre for Public Service at the University of Glasgow, and Non-Executive Director of Scottish food group W.A. Baxter & Sons.
Jane Guyett CBE, Independent Non-Executive Director
Committee membership: Nominations and Governance Committee, Remuneration Committee (Chair), Risk and Capital Committee
Appointed: 4 August 2021
Skills and Experience: Jane Guyett has 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. She was a Non-Executive Director of UK Financial Investments Limited until 2018, advising the UK Government on its shareholdings in FTSE financial services companies.
External appointments: She is a Senior Independent Director of UK Government Investments Limited, an Independent Non-Executive Director of LCH Limited and Banque Centrale de Compensation SA, Paris, Chair of Connect Plus (M25) Limited, and an Independent Non-Executive Director of BDO LLP, including as a member of its Public Interest Committee. She was awarded a CBE in 2021 for Services to the Economy.
Eithne McManus, Independent Non-Executive Director
Committee membership: With Profits Committee, Risk and Capital Committee, Nominations and Governance Committee
Appointed: 1 April 2023
Skills and experience: Eithne McManus is a Fellow of the Institute of Actuaries, a Chartered Enterprise Risk Actuary, and is an experienced Non-Executive Director in the life and pensions industry. During her executive career, she was Chief Executive of City of Westminster Assurance, having previously acted as Chief Financial Officer and as UK Actuary. Eithne has since held Non-Executive Directorships at a number of organisations such as Countrywide Assured, LGPS Central and SCOR Ireland. She has a strong affinity with the mutuals sector, having served as a Non-Executive Director of UIA Insurance. Eithne has a deep understanding of with profits. She chairs the With Profits Committee at Countrywide Assured and has recently stepped down as an Independent Member of the With Profits Committee at the Prudential Assurance Company. It is anticipated that she will succeed Sally Bridgeland as Chair of the With Profits Committee from 1 December 2023.
External appointments: Independent Non-Executive at Countrywide Assured PLC and SCOR Ireland DAC, Director at Alban Actuarial Solutions.
Pars Purewal, Independent Non-Executive Director
Committee membership: Nominations and Governance Committee
Appointed: 8 February 2023
Skills and experience: Pars Purewal is the Chair of Royal London Asset Management Holdings Limited and Royal London Asset Management Limited. He is a Fellow of the Institute of Chartered Accountants in England and Wales. He retired as a senior partner of PricewaterhouseCoopers LLP (PwC) after a career of over 37 years, including 10 years as PwC UK Asset Management leader and Finance Partner for both Asset and Wealth Management. He has deep experience of asset management gained through providing audit and advisory services at PwC. Following his retirement from PwC, he served on the boards of directors of Brewin Dolphin Holdings plc and Federated Hermes Limited, respectively, until September 2022.
External appointments: He is an Independent Non-Executive Director of The Law Debenture Corporation plc, Chair of its Audit and Risk Committee and a member of its Nomination and Remuneration Committees. He is also an Independent Non-Executive Director of Finsbury Growth & Income plc and a member of its Audit and Risk, Nomination and Remuneration Committees. He also chairs the Board of Trustees of Beyond Food Foundation.
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 is a Chartered Accountant with significant experience of working both with and for large financial services organisations. He was Chief Financial Officer at Nationwide Building Society for 12 years and, prior to that, worked at PricewaterhouseCoopers LLP for more than 25 years, including 12 years as a Partner in its banking practice. He is a former member of the Bank of England’s Prudential Regulation Authority Practitioner Panel and a former Chair of the UK Finance Financial Risk and Policy Committee.
External appointments: He is currently a Non-Executive Director at Homes England, where he is Chairman of the Investment Committee and Home Ownership Committee and serves on the Audit and Risk Committee and the Change Committee. He is also a Non-Executive Director of both TSB Bank plc and TSB Banking Group plc, serving as Chairman of their Audit Committee and as a member of their Risk, Nomination and Technology Strategy Committees.
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 significant Board experience. He was Chief Financial Officer of Quilter plc (previously known as Old Mutual Wealth Management Limited) and other former appointments include as 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, Group Finance Director of Lloyds Banking Group, Finance Director of Prudential plc’s UK business and Group Finance Director at Heath Lambert Group. Until his retirement from the board in July 2022, he served as a Non-Executive Director of Nationwide Building Society, including as Chair of its 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.