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Finance

Posted By Global Banking and Finance Review

Posted on January 28, 2025

British insurer Phoenix's Standard Life CEO to retire in 2025

(Reuters) - British insurer Phoenix Group said on Tuesday that Andy Curran, the CEO of Standard Life, its pension & savings and retirement solutions business, will retire in the summer of 2025.

After Curran's retirement, the company will merge its retirement solutions and asset management divisions into one unit, to be led by Phoenix Group's Chief Investment Officer Mike Eakins, it said.

Curran, a veteran in the insurance sector, helmed Standard Life for five years and was incremental in driving the company's overall growth.

(Reporting by Yamini Kalia in Bengaluru; Editing by Sonia Cheema)

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