BNY Mellon Asset Management’s former head of distribution and executive director, Paul Feeney, has been appointed chief executive of Old Mutual Wealth Management.
Feeney, who is currently chief executive officer of Old Mutual’s long term savings asset management business, will start his new role in August.
Reporting to Paul Hanratty, chief executive officer of Old Mutual’s long term savings division, Feeney will be responsible for driving the growth and development of the wealth management business. The business has assets of £63 billion (€78.2 billion).
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