Sir Malcolm Williamson was appointed a director of Friends Life Group plc on 5 November 2009 and Chairman on 9 February 2010. He is a member of the Remuneration Advisory Group. Sir Malcolm is also Chairman of Cass Business School's Strategy & Development Board and Invicta Card Services Limited, Chairman of the Board of Trustees for The Prince of Wales Youth Business International Limited and a member of the Board of Trustees for Youth Business America.
He was previously Chairman of Clydesdale Bank plc, National Australia Group Europe Limited, Signet Jewelers Limited, CDC Group plc and Britannic Group plc. A Deputy Chairman of Resolution plc and a non-executive director of G4S plc, JPMorgan Cazenove Holdings, National Grid Group plc and National Australia Bank Limited and a member of the Board of Trustees for the International Business Leaders Forum.
Sir Malcolm worked for Barclays Bank PLC from 1957 to 1985. He was then appointed a member of the Post Office Board and Managing Director of Girobank plc. In 1989, he joined Standard Chartered plc and became Group Chief Executive. In 1998, he moved to San Francisco, USA, as President and CEO of Visa International until 2004.
Andy Briggs was appointed a director and Group Chief Executive of Friends Life Group plc on 1 June 2011. He is also on the board of the Association of British Insurers.
He was formerly Chief Executive Officer of Lloyds Banking Group's General Insurance business since February 2010 and Chief Executive Officer of Scottish Widows since December 2008. Prior to joining Scottish Widows in 2007 he held key positions at Prudential Group where he spent a number of years in intermediated, face to face and online businesses in the UK and overseas culminating as Chief Executive Officer of Prudential's Retirement Income business.
Andy is an actuary and graduated in mathematics from Southampton.
David Allvey was appointed an independent non-executive director of Friends Life Group plc on 5 November 2009 and senior independent director in November 2010. David is Chairman of the Audit Committee, a member of the Board Risk and Compliance Committee and the Remuneration Advisory Group. He is currently Chairman of Costain Group plc and Arena Coventry Limited and an independent director of Clydesdale Bank plc and National Australia Group Europe Limited.
A Chartered Accountant, David has held positions in major international businesses including Group Finance Director for BAT Industries and Barclays plc and Chief Operating Officer for Zurich Financial Services. David was also a former board member of the UK Accounting Standards Board, a senior independent director of Intertek Group plc and William Hill plc and a non-executive director of Thomas Cook Group plc.
Clive Cowdery was appointed a non-executive director of Friends Life Group plc on 5 November 2009. Clive was previously the Chief Executive of Resolution Life Group Limited, a company that he founded in 2003. He was appointed Chairman of Resolution plc in September 2005 following the merger of Britannic Group plc and Resolution Life Group Limited. He is Chairman of the charity the Resolution Foundation and a non-executive director of Prospect Publishing Limited and Capital Investments (SICAV) plc. Clive is also a member of Resolution Operations LLP.
He started his career in insurance advising clients as a broker and was previously Chairman and Chief Executive of GE's primary insurance operations in Europe (GE Insurance Holdings), with over $3 billion of premium income, at that time. The businesses he has led have included Europe's largest credit insurer with operations in twelve countries and life and pensions companies in the UK and France. Before joining GE in 1992, he co-founded Scottish Amicable International / Rothschild International, a European cross-border insurance business based in Dublin and formed in 1992.
Peter Gibbs was appointed a non-executive director of Friends Life Group plc on 15 July 2011 and is a member of the Investment Oversight Committee. Peter is also a director and Chairman of Friends Life Investments Limited, a subsidiary company of the Friends Life Group. Currently, he is a non-executive director of Impax Asset Management Group plc, UK Financial Investments Limited (UKFI), Intermediate Capital Group plc and a director of Merrill Lynch (UK) Pension Plan Trustees Limited.
Peter began his career at Brown Shipley and joined Bankers Trust in 1985, moving to Mercury Asset Management in 1989. Following their takeover by Merrill Lynch, he became Chief Investment Officer and Head of Region for their non-US Investment Management activities until November 2005. Peter was Senior Independent non-executive director of The Evolution Group plc, and a member of its Audit, Remuneration and Nomination Committees until its successful takeover by Investec plc in December 2011. Peter also held the position of non-executive Chairman of Turquoise, the pan-European trading platform, until its takeover by the London Stock Exchange in February 2009.
Peter has a wealth of financial services experience in the asset management sector.
Nick Lyons was appointed an independent non-executive director of Friends Life Group plc on 1 February 2010. He is a member of the Audit Committee, the Board Risk and Compliance Committee, the Investment Oversight Committee and the Remuneration Advisory Group. He is also Chairman of Longbow Capital LLP and Miller Insurance Services LLP and non-executive director of Catlin Group Limited, Miller Insurance Holdings Limited and Miller 2012 Limited.
Nick was formerly a Managing Director of Lehman Brothers in London, where he headed the European Financial Institutions Group and was a member of the European Operating Committee. Prior to joining Lehman Brothers, he held executive positions at JP Morgan & Co and Salomon Brothers in London. Nick was also previously Chairman of Miller Insurance Investment Limited and a non-executive director of Quayle Munro Plc.
Mary Phibbs was appointed an independent non-executive director of Friends Life Group plc on 27 July 2011 and is a member of the Board Risk and Compliance Committee. Mary is also a non-executive director/trustee and Chairman of the Nominations and Remuneration Committee at The Charity Bank Limited and a non-executive director at Stewart Title Limited and Novae Syndicates Limited.
Mary is a Chartered Accountant with over 30 years of experience in financial services across the UK, Australia and Asia Pacific. She joined Standard Chartered Bank plc in 2008 after holding a number of senior positions at companies including ANZ, National Australia Bank and Commonwealth Bank of Australia. More recently she was Interim Chief Risk Officer at Allied Irish Banks plc and a non-executive director and member of the Audit and Risk Committees at Northern Rock plc, from January 2010 to December 2011, during its period of temporary public ownership.
Robin Phipps was appointed an independent non-executive director of Friends Life Group plc on 5 November 2009, having been a director of Friends Provident plc since November 2008. He is Chairman of the With Profits Committees and a member of the Audit Committee and the Board Risk and Compliance Committee. He is also a non-executive director of the Partnership Group of Companies and IFG Group plc.
Between 1982 and 2007 he held various senior roles at Legal & General, latterly as Group Director UK. He was an executive director of Legal & General Group plc from 1996 to 2007. Prior to 1982, he held various roles in IT with South Eastern Gas Board.
Belinda Richards was appointed an independent non-executive director of Friends Life Group plc on 1 June 2010 and is a member of the Board Risk and Compliance Committee. Belinda is also a non-executive director at Grainger Plc where she sits on the Audit and Remuneration Committees and is Chairman of the Risk and Compliance Committee.
She was previously Vice Chairman of Deloitte LLP, where she was a senior Corporate Finance partner for ten years, and the Global Head of Merger Integration and Separation Advisory Services, a position held until May 2010 when she retired from the role. Her clients at Deloitte included a number of leading UK and global banks and insurance companies.
Gerhard Roggemann was appointed a non-executive director of Friends Life Group plc on 5 November 2009, having been a director of Friends Provident plc since June 2007. Gerhard is a non-executive director of Resolution Limited and Chairman of their Remuneration Committee. He is Chairman of the supervisory board of GP Günter Papenburg AG, Deputy Chairman of Deutsche Börse AG and a member of the supervisory boards of Deutsche Beteiligungs AG and Fresenius SE & Co. KGaA. He is currently Vice Chairman of Canaccord Genuity Hawkpoint Limited where he is responsible for the development of its German business.
Gerhard was a non-executive director of F&C Asset Management plc until 3 May 2011. He spent much of his professional career with financial services firm JPMorgan, where his roles included Managing Director of JPMorgan's German branch in Frankfurt and Regional Treasurer Asia Pacific in the Tokyo office. He spent 13 years on the management board of two German Landesbanks, joining the executive boards of Norddeutsche Landesbank in 1991, and of Westdeutsche Landesbank (WestLB AG) in 1996. Previous board appointments include AXA Lebensversicherungs AG, AXA Kapitalanlagegesellschaft mbH, Deka Bank, Fresenius AG, Hapag Lloyd AG and VHV Holdings AG.
Derek Ross was appointed an independent non-executive director of Friends Life Group plc on 1 February 2010. He is Chairman of the Board Risk and Compliance Committee and a member of the Audit and the Investment Oversight Committees. His other roles include non-executive director of European Central Counterparty Limited, The Access Bank UK Limited and a member of the Board of the Depository Trust and Clearing Corporation in the United States. He is a director and Chairman of the audit committee of GE Commercial Distribution Finance Europe and director and Chairman of the audit committee and risk committee of Sumitomo Mitsui Banking Corporation Europe Limited.
He has extensive experience in audit and financial advisory services, particularly in the areas of treasury and risk management. He was a Senior Partner of Deloitte LLP for 18 years and before that spent seven years as a corporate treasurer and tax manager with Black & Decker.
Karl Sternberg was appointed an independent non-executive director of Friends Life Group plc on 20 May 2010 and is Chairman of the Investment Oversight Committee. He is Chairman of JP Morgan Income & Growth Trust plc, a founding partner of Oxford Investment Partners Limited and a director of Lowland Investment Company plc. Karl is also a member of the Governing Body of Christ Church Oxford.
Karl was a non-executive director of Whitbread Pension Trustees until July 2011. Karl has wide financial experience. After spending his early career at Mercury Asset Management and Barclays de Zoete Wedd, he worked at Morgan Grenfell / Deutsche Asset Management for twelve years where he held a number of chief investment officer roles in different regions.
John Tiner was appointed a non-executive director of Friends Life Group plc on 5 November 2009. John is also a non-executive director of Credit Suisse Group AG and Lucida plc.
He was previously Chief Executive of the Financial Services Authority, a position he held between September 2003 and July 2007 when he retired from the role. He had initially joined the FSA in June 2001 as Managing Director of Consumer, Insurance and Investment Business. At the FSA, he led the review which substantially overhauled regulation of the UK insurance industry and promoted financial capability to become a public policy priority. He was also a member of the Committee of European Insurance and Occupational Pensions Regulators which steered the development of Solvency II.
Before joining the FSA, John was a Managing Partner at Arthur Andersen responsible for its worldwide financial services practice. He joined Arthur Andersen in 1976, working mainly with banking and capital market clients. He led the Arthur Andersen team appointed by the Bank of England to investigate the collapse of Barings Bank and draw out the lessons to be learned.
Tim Tookey was appointed a director of Friends Life Group plc on 5 March 2012 and Chief Financial Officer on 30 March 2012. Tim is also a member of the Development Strategy Board of the Zoological Society of London.
Tim joined Friends Life from Lloyds Banking Group, where he started as Deputy Group Finance Director in 2006 before being appointed Group Finance Director in 2008. Previous roles include Chief Financial Officer at Prudential UK, which he joined in 2002 and Chief Financial Officer at Heath Lambert from 1999 and Heath Group from 1996.
Having graduated from Bath University with a degree in Building Engineering, Tim joined KPMG in 1985 where he qualified as an accountant. Tim was Chairman of the Audit and Remuneration Committees at the British Bankers' Association (BBA) until 3 April 2012.
Friends Provident Holdings (UK) plc changed its name to Friends Life Group plc on 1 July 2011.
Information correct as at 4 December 2012.