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Continuing company's growth

Scottish Friendly welcomes chief actuary

Alan Rankine Scottish FriendlyScottish Friendly, the Scottish financial mutual, has appointed Alan Rankine as its chief actuary.

Mr Rankine has over 11 years’ financial services industry experience, most recently as a senior manager with Deloitte. There he led the actuarial insurance team in Scotland and specialised in mergers and acquisitions, insurance business transfers and the management of with-profits business.

Prior to this, Mr Rankine, a mathematics graduate from the University of Edinburgh, spent over four years as an actuary with Standard Life.

The group, which took over Marine and General Mutual in its largest ever acquisition in 2015, is currently completing a takeover of a block of pensions business from Mobius Life and recently announced the acquisition of a large block of business from Canada Life.

Jim Galbraith, chief executive, Scottish Friendly said: “The experience (Alan Rankine) brings comes at a key period in Scottish Friendly’s history as the group aims to continue its sustained period of success in growing its business through organic growth and mergers and acquisitions.”



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