His new roles and responsibilities will now include the life company’s retail adviser, proposition, wealth and investment solutions businesses.
As an indication of how his empire has changed, Charnock’s job title has changed from chief executive of Standard Life Wealth to managing director, advisers and investments.
He inherits the retail adviser relationships, proposition development and investment solutions businesses from Ronnie Taylor whose own role changes from UK managing director, retail and Standard Life Direct to managing director, workplace.
As well as looking after how Standard Life will implement RDR, Taylor will turn his old corporate responsibilities into the newly named workplace business.
The review was instigated shortly after the appointments in June of Nathan Parnaby as chief executive, Asia and emerging markets, Paul Matthews as CEO, UK and Europe; and Sandy Begbie as group operations officer. Since then, each has been working on a review of the business structure and the changes above form a great part of the new-look organisation.
Elsewhere, in other investment-related moves, Nigel Dunne is to take up the position of CEO, Standard Life International, responsible for developing and extending its UK offshore proposition; Alan Armitage will continue to be responsible for developing the Asia and emerging markets retail investment business based in Hong Kong; Mike Connarty will continue as director, international investments, responsible for the Indian and Chinese joint ventures.
