25 January 2019

Royal London intermediary appoints new distribution director

5 min read

 
Mona Patel, Group Head of External Communications
Mona Patel

Group Head of External Communications

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Royal London today announces the appointment of Tom Dunbar as Distribution Director for its intermediary division.  Tom succeeds Jim Smith who is stepping down after 19 years at Royal London.  

Tom succeeds Jim Smith who is stepping down after 19 years at Royal London. 

 Tom Dunbar is current Group Strategy Director at Royal London.  He has led on the establishment of a new Group-wide approach to strategy development, helping to shape the future direction of our business based on his extensive knowledge of the independent advice market, our competitors and our customers.

 Tom is succeeded by Julia Reichert from Boston Consulting Group (BCG).  Julia joins with 14 years’ experience of strategy development across a wide range of financial services organisations.

 Jim has been an integral part of the evolution of Royal London, notably helping to transform Scottish Life into a successful competitor in the pensions market, leading Scottish Provident and Bright Grey sales and integrating all three businesses into the Royal London brand.

 Isobel Langton, CEO of Royal London’s intermediary division, said: 

 "I am delighted to welcome Tom to the management team of our intermediary pensions and protection businesses.  Tom is well-known to the business having worked as Group Strategy Director since June 2017.  He brings with him a detailed understanding of the adviser market and unique insights, gained from his existing role, into the synergies and opportunities between our business and the independent financial advice market.

“Jim has made an outstanding contribution over the last 19 years and leaves with our best wishes for the next stage of his career as a non-executive director.  On behalf of the Group we are looking forward to working with Julia to help us continually evolve our business to meet the needs of financial advisers and our customers.”

About Royal London:

Royal London is the largest mutual life, pensions and investment company in the UK, with funds under management of £117 billion, 8.8 million policies in force and 3,745 employees. Figures quoted are as at 30 June 2018.

For further information please contact:

Mona Patel, Group Head of External Communications