Royal London today announces the appointment of Steve Murray into the newly created role of Corporate Development Director, subject to regulatory approval. Steve will report to incoming Group Chief Executive Barry O’Dwyer and will take the lead on M&A activity, group strategy and operational efficiency. He will take up the role later in the year.
Steve joins from Aberdeen Standard Investments where he is Deputy Head of Private Markets. Steve started his career at Ernst & Young before moving on to hold a wide range of roles at Standard Life, amongst which was Group Strategy and Corporate Finance Director where he was responsible for heading up M&A activity for the company.
Kevin Parry, Executive Chairman of Royal London, said:
“Steve joins the company at an exciting time and will be instrumental in helping us to grow our business, drive our strategic agenda and make sure we stay true to our long-term objective of ensuring the best outcomes for our customers. Steve has a strong reputation in strategic development. This, coupled with his strong influencer and communication skills, makes Steve the ideal candidate to join our company at this exciting time in its growth.”
Steve Murray, incoming Corporate Development Director, said:
“I am delighted to be taking up this newly created role. It provides a real opportunity to consolidate and strengthen the Royal London brand, seeking commercial opportunities which play to its strengths as a mutual while at the same time maintaining its uniqueness as a customer-owned business.”
Notes to editors:
Steve Murray will be part of the Executive Committee at Royal London.
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About Royal London:
Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.