Standard Life has announced further details of its global restructuring following its announcement in June this year on the appointments of Nathan Parnaby as CEO, Asia and Emerging Markets; Paul Matthews as CEO UK and Europe; and Sandy Begbie as Group Operations Officer.
Since they were appointed, the three global heads have been reviewing each business' organisational structure and framework to ensure the objective of "driving further value" in each of these markets.
Today Standard Life, an IFP sponsor, announced the following changes:

UK:
• The Retail Adviser, Proposition, Wealth and Investment Solutions businesses will report into Richard Charnock in the new Advisers and Investments business unit.
• The Corporate function will become Workplace under Ronnie Taylor. Ronnie will also remain accountable for Standard Life's implementation of the Retail Distribution Review (RDR).
• The Marketing, Retail Customer Relationship and Private Client Management (PCM) functions will transfer into a new business unit, Customer & Marketing, under Stephen Ingledew.
• Having delivered the implementation of the brand across the Standard Life group, Bruce Kelsall, UK Marketing Director, will be leaving the business in October.

Germany and Ireland:
• The German business will continue to operate under Sven Enger, Chief Executive Germany, who will report to Paul Matthews and be part of the UK & Europe Executive Team.
• The Irish business operates both domestically and as an offshore hub.  It will therefore be restructured based on the different legal requirements associated with trading internationally:
- Nathan Parnaby will continue to manage Standard Life International Limited (SLIL), the legal entity that forms the UK offshore business.
- The Irish domestic business is a branch of Standard Life Assurance Limited in the UK and will report to Richard Charnock.
- The Irish domestic business will be responsible for the manufacturing of offshore propositions, supported by the Customer and Marketing, and Advisers and Investments businesses in the UK.

Asia and Emerging Markets
• Alan Armitage will continue to take responsibility for developing the Asia and Emerging Markets Retail Investment Business based in Hong Kong.
• Mike Connarty will continue as Director, International Investments, responsible for the Indian and Chinese joint ventures.
• Nigel Dunne will take up the position of CEO, Standard Life International Limited, responsible for developing and extending the UK offshore proposition.



Group Operations
• Paul Chong will continue as Director of Group IT and Commercial providing group-wide services covering IT, Premises and Procurement.
• Mark Dixon will take on the role of Group Chief Technology Officer in addition to his role of UK Chief Information Officer. Mark will provide the Standard Life Board and Group Executive team with guidance on technology issues.
• David Scott will become Director of Group Platform and Customer Data Strategy and will be responsible for defining and establishing a group-wide customer data strategy.
• Marek Wilkojc will remain Head of Group Reward and Employment Policy until his retirement in early 2013. His replacement will be announced shortly.
• Ian Miller will become Head of Group Talent and Organisational Development leading the talent strategy and associated development framework.
• Jacqui Mallin will continue to lead our Operation Excellence function which provides the strategic development and implementation of technology that underpins "people processes."
• Graeme Mcewan will become Director of Group Communications and Brand. Graeme will continue to lead the Group communication and sustainability strategy and plans. In addition, Graeme will be responsible for company-wide brand strategy.

A Standard Life spokesman said: "Today's changes allow us to take further advantage of the significant progress we've made transforming the operational and financial performance of Standard Life."