Old Mutual appoints head of advisory distribution

The UK branch of Old Mutual Asset Managers has named Steven Brown as head of advisory distribution with prime responsibility for strategic partnerships in the UK wholesale market.

Brown, who joins Old Mutual from RBS Global Banking & Markets, where he was head of intermediary sales, will report to Simon Smith, head of wholesale distribution. He takes up his new position on June 1, 2012.

Smith said: “This is a critical role and we are genuinely excited to have someone of Steven’s calibre to take it on. With the impending arrival of RDR, Steven’s appointment is a clear demonstration of Old Mutual’s commitment to the UK wholesale market.”

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