Board change

CFO McConville steps down at Phoenix as Briggs takes helm

Standard Life house

Phoenix is based in Standard Life House

Jim McConville, group finance director and group director Scotland at zombie funds company Phoenix Group, will be standing down on 15 May following the AGM and after eight years with the business.

He will be succeeded by Rakesh Thakrar, currently his deputy.

Mr McConville joined Phoenix in June 2012. During his tenure he has been a core member of the management team that has transformed the Phoenix Group.

He is credited with significantly strengthening its balance sheet, establishing a tradition of meeting or exceeding all its financial targets, and helping to deliver the group’s transformative acquisitions of Standard Life Assurance in 2018 and the proposed acquisition of ReAssure Group, announced last December.

His group director Scotland responsibilities will transfer to Susan McInnes, CEO Standard Life Assurance and group director, Open business.

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