M&G names AXA veteran as next chief executive

Jenna Brown
clock • 2 min read

UK-headquartered savings and investment business M&G has named Andrea Rossi as its next chief executive and executive director. Rossi, who will start the top job on 10 October, takes over from John Foley. Foley announced his intention to retire after seven years in the job earlier this year. He will remain with M&G in an advisory capacity until the end of the year to ensure an orderly transition, the business said.  Rossi will earn a base salary of £875,000 a year with a significant bonus package, M&G revealed.  M&G profits nearly halve despite return to inflows He has a 22-...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login