In June Insurance Business reported the departure of Mike Holliday-Williams (pictured) from Direct Line Group; now it’s been announced that he is heading to Aegon UK.
Subject to regulatory approval, Netherlands-headquartered Aegon has appointed the RSA alumnus to succeed UK chief executive Adrian Grace who is retiring at the end of March next year after a decade with the firm. Holliday-Williams is slated to come onboard on October 01.
“I am pleased to announce the appointment of Mike Holliday-Williams as the successor of Adrian Grace,” stated Aegon CEO Alex Wynaendts, who also expressed gratitude for the latter’s contributions. “Mike’s appointment signals Aegon’s continuing commitment to build on the strong foundation of our UK business.
“Mike brings extensive experience in the financial industry and a strong track record in focusing on customer solutions. I look forward to working with him.”
Holliday-Williams is just as “delighted to be joining Aegon” during what he believes is a pivotal time in the insurance industry. “I look forward to working with advisers to develop new solutions to enhance their relationships with their clients,” he said.
Meanwhile, Wynaendts had this to say about Aegon UK’s outgoing boss: “We would like to thank Adrian for having successfully modernised, transformed, and repositioned our UK business. Under his leadership, our UK business has grown from £40 billion of unit-linked pensions in 2009, to today where we oversee £175 billion of pension and investment assets.
“We have repositioned Aegon to be the leader in the market of investment trading platforms and the company is now well positioned for further growth. We wish Adrian well in his deserved retirement.”
