Aegon appoints new chief executive of UK business succeeding Adrian Grace

Dutch insurance group Aegon has appointed Mike Holliday-Williams to succeed Adrian Grace as chief executive officer (CEO) of Aegon UK.

Holliday-Williams will join the Aegon on October 1, 2019 and join the company's management board, subject to regulatory approvals. Grace will retire following ten years with the company on March 31, 2020.

“I am pleased to announce the appointment of Mike Holliday-Williams as the successor of Adrian Grace,” said Aegon CEO Alex Wynaendts. “Mike’s appointment signals Aegon’s continuing commitment to build on the strong foundation of our UK business. Mike brings extensive experience in the financial industry and a strong track record in focusing on customer solutions. I look forward to working with him.”

“We would like to thank Adrian for having successfully modernised, transformed and repositioned our UK business. Under his leadership, our UK business has grown from GBP 40 billion of unit-linked pensions in 2009, to today where we oversee GBP 175 billion of pension and investment assets.

"We have repositioned Aegon to be the leader in the market of investment trading platforms and the company is now well positioned for further growth. We wish Adrian well in his deserved retirement.”

Holliday-Williams commented: “I am delighted to be joining Aegon at this pivotal time in our industry. I look forward to working with advisers to develop new solutions to enhance their relationships with their clients.”