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United Kingdom

Quilter PLC (QLTJ.J)

QLTJ.J on Johannesburg Stock Exchange

2,082.39ZAc
11 Dec 2018
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Summary

Name Age Since Current Position

Glyn Jones

66 2016 Independent Non-Executive Chairman of the Board

Paul Feeney

54 2012 Chief Executive Officer, Executive Director

Timothy Tookey

56 2017 Chief Financial Officer, Executive Director

Mark Satchel

49 2010 Corporate Finance Director

Martin Baines

54 2017 Chief Executive Officer – Quilter Cheviot

Steven Levin

43 2015 Chief Executive Officer – Quilter Wealth Solutions

Paul Simpson

60 2018 Chief Executive Officer – Quilter Investors

Andrew Thompson

49 2015 Chief Executive Officer – Quilter Financial Planning

Steven Braudo

46 2016 Chief Operating Officer

Iain Wright

53 2016 Chief Risk Officer

Paul Hucknall

46 2018 Director of Human Resources

Matthew Burton

49 2016 Chief Internal Auditor

Rosie Harris

60 2017 Non-Executive Independent Director

Moira Kilcoyne

56 2016 Non-Executive Independent Director

Jonathan Little

53 2016 Non-Executive Independent Director

George Reid

53 2017 Non-Executive Independent Director

Catherine Turner

55 2016 Non-Executive Independent Director

John-Paul Crutchley

2018 Head - Investor Relations

Biographies

Name Description

Glyn Jones

Mr. Glyn Jones is Independent Non-Executive Chairman of the Board of the Company. Mr. Jones was appointed as independent non-executive chairman effective from November 2016 and is a member of the Remuneration Committee and chair of the Corporate Governance and Nominations Committee. Mr Jones is also the chairman of Aspen Insurance Holdings, a New York Stock Exchange listed business. Prior to this, Mr Jones was the senior independent director at Direct Line Insurance Group, a board he joined ahead of its listing on the London Stock Exchange as a FTSE 100 company. Other past chairmanships include: Aldermore Group plc, Hermes Fund Managers, BT Pension Scheme Management and Towry, a financial planning and wealth advice business. From 1981 to 1990, Mr Jones was a senior partner in the consulting practice specialising in financial services within Deloitte, Haskins & Sells, a predecessor firm to PwC. In 1991, he joined Standard Chartered Bank where he ran their international private banking business which was headquartered in Hong Kong. On his return to the UK in 1997, he joined NatWest Bank and was appointed chief executive officer of the Coutts Group, the domestic and international private banking business, as well as having responsibility for NatWest Investments and NatWest Stockbrokers. In 2001, Mr Jones joined Gartmore Investment Management as chief executive officer until 2004. Mr Jones holds a MA in Economics, Social and Political Sciences from the University of Cambridge and is a fellow of the Institute of Chartered Accountants in England and Wales.

Paul Feeney

Mr. Paul Feeney is Chief Executive Officer, Executive Director of the Company. Paul Feeney was appointed as Chief Executive Officer in August 2012 and was responsible for creating and developing the vision and strategy for the Group. Prior to this, Mr Feeney was chief executive officer of Asset Management, Long Term Savings after joining Old Mutual in January 2012. From 2008 to 2011, Mr Feeney was the Global Head of Distribution at BNY Mellon Asset Management International. Prior to that, Mr Feeney was Group Managing Director and Head of Distribution for Gartmore Investment Management, responsible for all sales, marketing, product development and multi-manager divisions of Gartmore globally. Mr Feeney’s extensive background in both asset management and wealth management includes positions as Chief Executive of NatWest Private Bank and of NatWest Investments USA, as well as three years at Coutts. Mr Feeney holds a PhD in Financial Economics and a BA Hons degree in Banking, Insurance and Finance from the University of Wales, Bangor.

Timothy Tookey

Mr. Timothy Tookey is no longer Chief Financial Officer, Executive Director of the Company, effective 13 March 2019. Tim Tookey was appointed as an independent non-executive director in February 2017 and subsequently as chief financial officer in August 2017. Prior to this, Mr Tookey worked at board level in financial services for over 20 years and has been responsible for managing a large number of significant business transformation and strategic projects, mergers and acquisitions. From 1985 to 1996 Mr Tookey worked at KPMG, specialising in corporate finance advisory work and audit, moving to Heath Lambert in 1996, where he lead the management buy-out of CE Heath plc in 1997 and the public takeover of Lambert Fenchurch plc in 1999. From 2002 to 2006, Mr Tookey worked for Prudential plc, where he held the position of finance director (UK and Europe). In 2006, Mr Tookey moved to Lloyds TSB Group plc (now Lloyds Banking Group plc), where he held various roles including group finance director and, from 2012 to 2015, Mr Tookey was chief financial officer of Friends Life Group. Mr Tookey is currently a non-executive director of Nationwide Building Society, where he chairs the Board Risk Committee, and is a member of certain other Board committees including the Audit Committee. Mr Tookey holds a BSc Hons degree from the University of Bath in Building Engineering and is a member of the Institute of Chartered Accountants in England and Wales.

Mark Satchel

Mr. Mark Satchel is Chief Financial Officer of the Company, with effect from 13 March 2019. Mr Satchel joined Old Mutual in the UK in January 2000 and has held numerous leadership positions within the finance function at Old Mutual plc and in the operating business units. He joined the Board in 2010 on his appointment as Chief Financial Officer to the business (then branded Skandia). Mr Satchel remained as a director of the Board until 14 March 2018. Mr Satchel has been responsible for the disposal of nine businesses in Continental Europe, and played a lead role in the acquisitions of Intrinsic and Quilter Cheviot. He was instrumental in implementing the Group’s successful business model and helped scope the footprint of the business which has led to the development of a business that is now fit for an independent listing. Prior to his current role, Mr Satchel was Chief Financial Officer for Skandia’s Europe & Latin America Division, and before that he spent a year in Sweden on the integration of Skandia into Old Mutual. Mr Satchel qualified as a Chartered Accountant in South Africa, and worked for KPMG in both South Africa and Canada prior to moving to the UK.

Martin Baines

Mr. Martin H. Baines is Chief Executive Officer – Quilter Cheviot of the Company. Martin Baines served as Chief Executive Officer of Quilter Cheviot from 2003 to August 2015, and from May 2017 until present. He became a Director of Quilter & Co in 1998 and joined the management group in 1999. Mr Baines has previously served as Head of Onshore Branches, with specific responsibility to build the UK branch network. Following the purchase of Quilter & Co by Morgan Stanley in 2001, Mr Baines was appointed as a Managing Director of Morgan Stanley in 2002 and Chief Executive Officer of Quilter & Co in 2003. In 2011 and 2012, Mr Baines led the Bridgepoint backed buyout of Quilter & Co from Morgan Stanley. The Quilter & Co business then merged with Cheviot, a leading London based investment management company. Post integration of the two companies, Mr Baines led the subsequent deal process which resulted in Quilter Cheviot becoming part of the Group. Mr Baines trained with KPMG before beginning a career in stockbroking and investment management. Mr Baines is a fellow of the Chartered Institute for Securities & Investment.

Steven Levin

Mr. Steven Levin is Chief Executive Officer – Quilter Wealth Solutions of the Company. Steven Levin has been Chief Executive Officer of Quilter Wealth Solutions (previously Investment Platforms) since October 2015 and was Global Head of Distribution from July 2014. Prior to this, he was Managing Director of Skandia International (now Quilter International). Mr Levin has extensive experience in developing and distributing financial service products as well as in asset management and investments, and he was previously Product & Proposition Director for Old Mutual in South Africa and then globally for Old Mutual plc. He has also been an equity analyst and fund manager in Old Mutual’s asset management business. Mr Levin is an Actuary by training and a Chartered Financial Analyst.

Paul Simpson

Mr. Paul Simpson is Chief Executive Officer – Quilter Investors of the Company. Paul Simpson was appointed Chief Executive Officer of Quilter Investors in January 2018. Mr Simpson began his capital markets career in risk management, gaining experience in major houses such as Deutsche Bank and UBS, trading a wide range of equity market neutral and arbitrage strategies. Switching to investment management he was portfolio manager on a successful merger arbitrage fund at De Putron Fund Management Ltd, later concentrating on statistical arbitrage, with two years as a portfolio manager at Millennium Partners. Mr Simpson joined Old Mutual in 2006. At Old Mutual, he initiated and was co-manager on the European Statistical Arbitrage fund (launched 2006) and Global Statistical Arbitrage fund (launched 2007). He was appointed Head of Alternatives at OMGI in 2009, having managerial responsibility for quantitative multi-factor investment processes spanning hedge funds, alternative and long only UCITS funds. He was appointed Investment Director in January 2015.

Andrew Thompson

Mr. Andrew Thompson is Chief Executive Officer – Quilter Financial Planning of the Company. Andy Thompson was appointed Chief Executive Officer of Quilter Financial Planning (previously Intrinsic) in December 2015, subsequently leading the acquisition of the Caerus business. Prior to that he was Distribution Director, leading the Distribution team to provide first-class products and solutions for customers and to recruit and support advisers, including the acquisitions of Positive Solutions (approximately 700 advisers) and 250 advisers from Sesame Bankhall Group. Mr Thompson joined Intrinsic in early 2012, when Intrinsic acquired his businesses, Blueprint Financial Services and Blueprint Distribution. As a start-up in 2003, Mr Thompson proved his entrepreneurial flair by growing Blueprint to 180 advisers before its sale. Mr Thompson was a financial adviser before being appointed to become a Regional Director for the Zurich Advice Network, managing and leading the London region for over five years. Mr Thompson has an executive MBA from London Business School, having graduated in 1999.

Steven Braudo

Mr. Steven Braudo is Chief Operating Officer of the Company. Steven Braudo joined Old Mutual Wealth as Chief Operating Officer in June 2016. Prior to this, Mr Braudo was Chief Executive Officer of Standard Bank Wealth, where he led the wealth businesses globally which included asset management and distribution, short and long term insurance and financial planning across all client segments. Before this, Mr Braudo held various senior roles within Liberty Holdings in their Corporate and Retail Divisions. His career at Liberty Holdings culminated when he was promoted to Group Deputy Chief Executive Officer and Director on the Liberty Holdings Board. Before joining Liberty, Mr Braudo held the Operations Director role of a start-up multi-manager firm and went on to become Managing Director of the South African and UK businesses. An Actuary by training, Mr Braudo started his career as an Actuarial Manager in the Corporate Life department of Commercial Union Life (subsequently part of the Aviva Group).

Iain Wright

Mr. Iain Wright is Chief Risk Officer of the Company. Iain Wright became Chief Risk Officer in February 2016. Prior to this, he worked for Sun Life Financial as Chief Risk Officer of the UK business in 2011 and transferred to the Head Office as Senior Vice President, Enterprise and Operational Risk in 2013. Mr Wright began his career as a chartered accountant with Deloitte, and later moved to the London Stock Exchange where he carried out a number of roles, completing his career there as Head of Equity and Debt Markets. When the FSA was formed in 2000, Mr Wright formed part of the leadership team, heading up the supervision of major insurance groups. Moving to Prudential as Chief Risk Officer of the UK and Europe business, Mr Wright remained in the role for three years before leaving to establish an insurance and regulatory consultancy in 2009. Mr Wright has a BA (Hons) in Accounting and Financial Management from the University of Sheffield and is a fellow of the Institute of Chartered Accountants in England and Wales. Mr Wright is a member of the Board and Chair of the Audit & Risk Committee of the Institute of Risk Management.

Paul Hucknall

Mr. Paul Hucknall is Director of Human Resources of the Company. Paul Hucknall joined Old Mutual Wealth as Human Resources Director in January 2018. Prior to this, Mr Hucknall was People Director, Centres of Excellence at Lloyds Banking Group, where he was responsible for the design and delivery of the Group’s overall HR strategy. Mr Hucknall led the teams focused on developing and delivering key policies around remuneration, governance, talent and development, recruitment and employee relations for an organisation of around 75,000 people. Mr Hucknall has over 20 years of experience and has held various senior roles working at board level in publicly listed financial services companies such as Bank of America and ING.

Matthew Burton

Mr. Matthew Burton is Chief Internal Auditor of the Company. Matt Burton joined Old Mutual Wealth as Chief Internal Auditor in April 2016. Prior to this, Mr Burton was a partner in PricewaterhouseCoopers’ (now PwC) Financial Services Practice, where he was responsible for the leading their Internal Audit offering within the Insurance and Investment Management sector. Mr Burton has over twenty five years’ of internal audit experience across financial services having held senior roles in Credit Suisse, where he was Chief Auditor for EMEA, and Deutsche Bank. Mr Burton began his career as a Chartered Accountant with Deloitte. Mr Burton has a BSc(Hons) in Economics from Loughborough University and is a member of the Institute of Chartered Accountants in England and Wales and a member of the Chartered Institute of Internal Auditors.

Rosie Harris

Ms. Rosie Harris is Non-Executive Independent Director of the Company. Rosie Harris was appointed to the Board as an independent non-executive director in April 2017 and is a member of the IT Committee and Audit Committee, as well as the chair of the Risk Committee. Ms Harris also sits on the board of Quilter Cheviot Limited. Ms Harris has extensive financial services industry executive experience. During her 30 year career, she has undertaken a broad range of general management and chief risk officer roles. From 1985 to 2007 Ms Harris worked at Prudential plc, where she undertook various senior roles before becoming UK chief operating officer. In 2007 she was appointed group risk director at Old Mutual plc, before moving to Lloyds Banking Group plc in 2009, where she undertook chief risk officer and managing director roles. From 2012 to 2015, Ms Harris was the group chief risk officer at Friends Life plc and, following Aviva’s acquisition of Friends Life plc, was appointed chief risk officer for UK Life at Aviva plc, a position which she retired from at the end of June 2017. Ms Harris is currently a non-executive director of Tokio Marine Kiln’s Insurance and Syndicates businesses and chair of its Risk Committee. Ms Harris holds a BA Hons from the University of Birmingham and is a member of the Institute of Chartered Accountants in England and Wales.

Moira Kilcoyne

Ms. Moira A. Kilcoyne is Non-Executive Independent Director of the Company. Moira Kilcoyne was appointed to the Board as an independent non-executive director in December 2016 and is a member of the Risk Committee and chair of the IT Committee. Ms Kilcoyne brings over 25 years of technology and cyber security leadership and has spent much of her career working in senior technology roles in both London and New York, predominantly with Morgan Stanley and Merrill Lynch. Ms Kilcoyne recently retired from Morgan Stanley having held the role of managing director and co-chief information officer for Global Technology and Data at Morgan Stanley since 2013. Ms Kilcoyne has a BSc in Mathematics from Manhattan College.

Jonathan Little

Mr. Jonathan Little is Non-Executive Independent Director of the Company. Jon Little was appointed to the Board as an independent non-executive director in April 2017 and is a member of the Remuneration Committee. Mr Little also sits on the board of Old Mutual Investment Management Limited. From 1990 to 1997, Mr Little worked at Fidelity Investments, holding various roles including business development director, before moving to JP Morgan Investment Management where he was vice president, head of International Funds & European Sub-advisory. In 2000, Mr Little moved to Mellon (later BNY Mellon) and held various roles including vice chairman of BNY Mellon Asset Management, member of The Bank of New York Mellon’s Global Executive Committee and head of BNY Mellon’s International Asset Management Business, responsible for all non-US asset management businesses. From 2007 to 2008, Mr Little was also chairman of The Dreyfus Corporation in New York and chairman of Insight Investment Management from its acquisition in 2009. Mr Little was also a member of various asset management boards, including Newton, Walter Scott, Pareto and Alcentra. From 2011 to 2016, Mr Little was a non-executive director of Jupiter Fund Management plc. Mr Little is currently a partner at Northill Capital, a company he founded in November 2010. Mr Little is also the Chairman of the Oxford Brookes Endowment Investment Committee. Mr Little holds a BTEC from Oxford Brookes in Business and Finance. He also holds the CFA Society of the UK – Investment Management Certificate and the Chartered Insurance Institute Financial Planning Certificate qualifications.

George Reid

Mr. George Reid is Non-Executive Independent Director of the Company. George Reid was appointed to the Board as an independent non-executive director in February 2017 and is the chair of the Audit Committee and a member of the IT and Risk Committees. Mr Reid also chairs the board of Old Mutual Wealth Limited, OMWLA and Old Mutual Wealth Life & Pensions Limited. From 1987 to 1999, Mr Reid worked at Price Waterhouse and PricewaterhouseCoopers (now PwC), undertaking various roles and overseas secondments. In 1999, he joined Standard Life where he spent seven years in various senior executive roles, including group chief accountant and financial reporting director for UK Life and Pensions. He returned to the accounting profession in 2006 and spent the next 10 years with Ernst & Young UK LLP. Initially a partner within the Financial Services Audit Practice, in 2015 he was appointed managing partner and EY’s head of financial services for Scotland and UK regions, and made a member of the UK Firm’s Financial Services Board. In addition, Mr Reid has been a director of the Children’s Hospice Association Scotland since 2009. Mr Reid has a B.Sc Hons degree from the University of St Andrews in Statistics and is a member of the Institute of Chartered Accountants in England and Wales.

Catherine Turner

Ms. Catherine Turner is Non-Executive Independent Director of the Company. Cathy Turner was appointed to the Board as an independent non-executive director in December 2016 and is also a member of the Corporate Governance and Nominations Committee and chair of the Remuneration Committee. Ms Turner is an experienced non-executive director who has spent over 30 years working in senior leadership roles at global organisations. After an initial career in consulting, Ms Turner moved into financial services in 1997 with Barclays plc, where she rose to the position of group HR director and was a member of the group executive committee. At various times, her responsibilities also included group strategy and investor relations. Her most recent executive role was as chief administration officer at Lloyds Banking Group plc where she was responsible for a number of corporate functions. Ms Turner’s current board roles include being non-executive director and chair of the Remuneration Committee at Countrywide plc and non-executive director and chair of the Remuneration Committee at Aldermore Group plc, part of the FirstRand Group. She is also a part-time partner at the senior advisory organisation Manchester Square Partners. Ms Turner holds a BA (Hons) degree from Lancaster University in Economics.

John-Paul Crutchley