UK wealth manager Brewin Dolphin said on Tuesday that former Scottish Widows boss Toby Strauss will become its next chairman on February 5, 2021.
Brewin Dolphin manages around £47 billion of assets.
“Toby Strauss brings a wealth of experience to Brewin Dolphin, having held both non-executive and senior executive positions across a number of leading financial services businesses,” said Brewin Dolphin.
“He is currently a non-executive director of Legal & General, as well as chairman of Pacific Life Re.
“Toby has previously been the group director for insurance at Lloyds Banking Group, which included responsibility for Scottish Widows.
“Prior to that, he was CEO of Aviva’s UK life and pension businesses.
“His private client experience includes having been CEO of John Scott & Partners (which acquired Towry Law and subsequently became part of Tilney) and managing director of Charcol.”
Strauss said: “I am very much looking forward to returning to the world of private clients, to joining my new colleagues at Brewin Dolphin, and to supporting them in achieving long-term success for the company and in creating shareholder value.”
Strauss’s appointment is subject to regulatory approval.