Executive Moves
Penny Lovell steps down as Sanlam Private Wealth CEO
Sanlam has confirmed that Penny Lovell, chief executive officer of Sanlam Private Wealth, has stepped down from the role and is leaving the firm. Her departure follows the sale of Sanlam Wealth last year to private equity firm Oaktree Capital Management for £140mn. Oaktree already owns IFA consolidator Ascot Lloyd…
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