Working under NDA on a part-time consultancy basis to support a client with their developing corporate restructuring activities.

Niche consultancy specialising in Financial Services strategic change delivery, in particular Insurance and Banking business transfers (FSMA2000 Part VII) plus international insurance business transfers. Recently completed consultancy role supporting Aegon UK on x2 annuity book transfers to Rothesay Life and Legal and General. Also supporting BlackRock Life with a DC pension transfer to Aegon UK.

Programme Manager of the Lloyd’s of London Brexit Part VII Transfer. This was the largest ever cross border General Insurance business Part VII transfer of all the European backbook business to mitigate the loss of passporting rights resulting from Brexit. It was a transfer conducted by Lloyds for the London market and included member’s business via the c.56 Syndicates/Managing Agents. Responsible for all programme management activities relating to the Part VII Court and regulatory engagement process, including design of the programme organisation and governance structures, budgets and recruitment of workstream leads and other project staff. This included working with the client, the Lloyd’s market participants and Lloyd’s external advisors, including its external lawyers and the Independent Expert to help ensure that there was effective UK and overseas regulatory engagement. The Part VII was ultimately approved by the High Court and became effective in time for Brexit completion.

Part VII Transfer consultancy support to BlackRock Life to complete the transfer to Scottish Equitable (AEGON UK). Primary focus was on the development of the regulatory policyholder notification exercise, including development and drafting of all communication materials, web design, press advertisements, response management design and development, including supporting the training of outsourcer staff. This also included the review of all policyholder objections and sign off of final responses. The engagement required close liaison with the Independent Expert and FCA relating to all Part VII responses, which included the development of a weekly Management Information pack that was also provided to the client’s Board. Provided close support to the client’s exec team ensuring effective engagement with both the PRA and FCA and development of all the High Court materials, including Witness Statements, resulting in the successful approval of the transfer to Scottish Equitable.

Supporting Aegon UK with the delivery of their Part VII transfers from Scottish Equitable to Rothesay Life and Legal and General Assurance. Also providing ad-hoc support to Aegon in relation to proposed transfer from BlackRock Life.

Reporting to the CFO of Scottish Widows Group - Programme Director responsible for the design, set up and delivery of a programme to realise the Group’s strategic restructuring objectives. This included the c.8m policies and c.£110bn assets and liabilities, transferring the business from 7 life companies to an eighth with a significant rebrand of an English legal entity to Scottish Widows. This was, at the time, the largest non-life insurance business Part VII Transfer to date. The role required extensive cross business stakeholder management, including regular Scottish Widows Group Board and Insurance Executive and Risk Committee engagement and leading the ongoing PRA and FCA engagement. Responsible for the end-to-end business case with a £35m budget. The programme was delivered successfully on time and within budget delivering major rationalisation and material capital benefits through a key period of change for the Lloyds Banking Group Insurance division. Whilst finalising the operational delivery of the Part VII, I was also asked by Lloyd’s and Scottish Group CFO’s to establish a Post Day 1 transition programme to manage the separation of the Group's non-core international business to the RL360 Group in the Isle of Man, which included the divestment of a small insurance business transfer through the Isle of Man and Hong Kong Courts.

Programme Director for a major Capital Optimisation Programme. Reporting to the Group Capital Director, Stewart Calder and the Heritage Division CEO, Evelyn Bourke. Established a 3 year programme to deliver 3 consecutive insurance business transfers (Part VII Transfers) to rationalise the insurance companies, following Resolution's acquisition of Friends Provident, the majority of Axa's UK insurance business and Bupa Health Assurance. The programme resulted in the establishment of separate UK Heritage (back book) and New Business divisions. Responsible for the end-to-end business case and a £50m budget. The programme also included other capital optimisation projects including With-Profits Fund annuity de-risking.

Pearl Group/Phoenix Group Limited from May 2008 to September 2010

Administration of Money Purchase occupational Executive Pension Schemes; Final Salary Pension Schemes and Pensions Mis-selling Review