Royal London announces new non-executive director: Ian Dilks appointed to Board of mutual
21 November 2014
Royal London, the UK’s largest mutual life, pensions and investment company, has announced the appointment of Ian Dilks as a non-executive director.
Ian has spent his entire career at PwC, joining a predecessor firm 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 Leader of Insurance. He also led PwC’s IFRS conversion businesses in the UK and has held Public Policy roles in the firm.
He is currently Chairman of the NHS Litigation Authority.
Commenting on the appointment, Royal London Chairman Rupert Pennant-Rea said:
“I am very pleased that Ian Dilks is joining the Royal London Board. He has long experience in insurance and financial services, which will be a great asset to the Board. We have received regulatory approval for his appointment which is effective from 14 November 2014.”
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Royal London is the largest mutual life, pensions and investment company in the UK, with Group funds under management of £78.4 billion. Group businesses serve around 5.3 million customers and employs 2,823 people. (Figures quoted are as at 30 September 2014).
The Group is currently moving all of it UK Life, pension and investment businesses under a new version of the Royal London brand. The Group's wrap platform will remain branded Ascentric
Ian Dilks Career History
Currently: Chairman, NHS Litigation Authority
PwC: 1974- June 2013
2010 Network (Global) Executive Team. Responsible in the Global Network for Public Policy and Regulatory Affairs and leading liaison with other major networks and supervisory/political bodies
2007 Chairman of PwC’s Captive Insurance Group (to continue until December 2014)
2006 Appointed Global Insurance Leader
2003 Appointed IFRS Conversions Leader, a new role to create a new group to support UK businesses on conversion to IFRS. PwC established a market leadership position
2002 Helped establish the European Insurance CFO Forum
1998 EMEA Insurance Leader following merger of Coopers & Lybrand and Price Waterhouse
1997 UK Insurance Leader
1993 Promoted to run combined Banking and Insurance business unit. Appointed UK Financial Services Leader 2000 and member of Global Financial Services Leadership Team
1986 Admitted to partnership. Partner in the Financial Services practice specialising in audit and transactions
1985 Worked as Head of UK Media and Public Relations supporting Chairman and senior partner
1979/80 Worked in Toronto, Canada on international high flyer exchange programme
1977 Qualified ACA and specialised in computer audit work
1974 Joined Coopers & Lybrand