Utmost head of sales quits

Utmost Wealth Solutions head of sales, Simon Woolnough, has left the company to seek new opportunities.

The Isle of Man-based company has announced Stephen Atkinson will be the new global head of sales and marketing.

In a LinkedIn message, Woolnough explained it was his decision to leave: “I have spent the last 30 years with one organisation, through various acquisitions and mergers, and have chosen to take the opportunity to refocus my skills with a new and exciting challenge. I will be leaving this start-up business with sales ahead of target and our marketing function revitalised; working strongly with sales; and with a clear plan of delivery in 2018 and beyond.”

The Isle of Man Axa Wealth business was acquired by Life Company Consolidation Group (LCCG) in September 2016 and rebranded Utmost Wealth Solutions.

After acquiring Generali PanEurope, now renamed Utmost PanEurope, Utmost Wealth Solutions became the second largest cross-border provider of unit-linked wealth management solutions in Europe having doubled assets under management to €24 billion over the last year.

The company has named Stephen Atkinson as the new global head of sales and marketing. Having worked in cross border sales for over 20 years, Atkinson previously represented Lombard International Assurance as their head of sales for northern Europe.

Utmost chief executive, Mike Foy, said: “Stephen has a wealth of experience in the high net worth/ultra-high net worth space. His technical knowledge and adviser connections will prove a great asset to the Utmost Wealth Solutions’ group of companies and help accelerate our growth. Stephen will lead and drive Sales and Marketing activity across the UK and Europe and will be pivotal in taking Utmost forward.”

Foy added: “As a result of this development, Simon Woolnough will be leaving Utmost Wealth Solutions. I would like to thank Simon for the key role he has played in the progress of the business under the Utmost brand.”

ABOUT THE AUTHOR
Pedro Gonçalves
Pedro Gonçalves is Financial Correspondent at International Investment.

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