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Standard Life in search of Brexit chief: Reports

Standard Life in search of Brexit chief: Reports

Standard Life in search of Brexit chief: Reports Insurance giant Standard Life wants to hire an executive who will help the company navigate the UK’s departure from the European Union.
 
The major insurer has asked head-hunters to fill a new position that will be in charge of all areas of post-Brexit referendum policy, Sky News reported.
 
The prospective hire will report to Standard Life chief communications officer Graeme McEwan, the report said.
 
A spokesperson for Standard Life also told City A.M. that the company is looking to add the executive to its public affairs expertise.
 
Standard Life’s potential appointment will make the insurer one of the biggest firms to date to create a senior internal role focused entirely on the implications of the Brexit move, Sky News noted.
 
The insurance firm is heading to the post-Brexit environment with a strong financial performance for the first half of 2016.
 
Last month, Standard Life announced that its profits leapt by 18% to reach £341 million, with diversification as the primary reason for the growth.
 
“Standard Life continues to make good progress towards building a world-class investment company, against a backdrop of volatile investment markets, by growing assets, profits, cash flows and returns to shareholders,” chief executive Keith Skeoch said in a previous statement.

“Despite elevated uncertainty, we are benefiting from our strong long-term relationships with a broad range of clients and customers who reacted in different ways to the changing market environment,” he added.
 
 
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