UK- Aegon has appointed four new board members in a move that recently-appointed managing director Colin McLatchie says reflects a desire to “bring clients to the front of the business.”

The group took the decision last year to divide operations into three distinct lines- institutional, retail and insured business. According to McLatchie, the changes will make a considerable difference in that it should improve the link between clients and the board.

Under the moves, Jon Bennett is to be director for the retail fund business, Christophe Ferrand becomes director for securities management and Michael Craston becomes director for institutional business. Susan Hetrick, who joined Aegon last year, is to be the director for human resources.

The four join McLatchie and Wendy Hay, the CIO who joined from Standard Life last year, director for insured business Colin Black and Philip Smith who becomes director for corporate management.

McLatchie took over as managing director at the beginning of the year from Russell Hogan who has left to study religion and learn to pilot helicopters.

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