TISA appoints Richard Freeman as Non-Executive Director
TISA, the financial services membership association, has announced that Richard Freeman, chief distribution officer at Old Mutual Wealth is to join its Board as a Non-Executive Director.
Richard Freeman became chief distribution officer for Old Mutual Wealth on 1st January 2016 following the acquisition by Old Mutual of Intrinsic, where he was chief executive officer. After a career in the Army, all of his second career has been involved in the distribution of financial products and services in the UK. He spent his early career at Allied Dunbar where he progressed to the Management Board. In 2006, along with Lord Sandy Leitch, he launched Intrinsic.
Tony Solway, Chairman of TISA said:
“It’s important that we have access to distribution and advice know-how on the Board of TISA and I am delighted that Richard Freeman is joining us with his acknowledged expertise in this area of financial services. Richard has been a long standing supporter of TISA’s mission to encourage higher levels of personal savings and investments in the UK.”
Richard Freeman added:
“TISA has a strong Board, increasingly recognised as an important source of good policy recommendations and for delivering practical improvements for the benefit of the industry and consumers. I am delighted to be able to play a part in helping to shape its ideas and activities going forward.”
Last month TISA appointed Larry Banda, divisional director financial planning, protection and investments at Nationwide as a Non-Executive Director.
The full TISA Board is:
Chairman – Tony Solway
Deputy Chairman – Clive Shelton (IFDS Limited)
Treasurer – Julian Korek (Kinetic Partners)
Non-Executive Director – Elissa Bayer (Investec Wealth & Investment Ltd)
Non-Executive Director – Tony Stenning (BlackRock)
Non-Executive Director – Larry Banda (Nationwide)
Non-Executive Director – David White (Romyla Consulting)
Non-Executive Director – David White (Zurich UK Life)
Non-Executive Director – Richard Freeman (Old Mutual Wealth)
Director General – David Dalton-Brown
Chief Operations Officer – Carol Knight
Director – John Brasington
Advisor to the Board – Lord Flight
Advisor to the Board – Baroness Jeannie Drake, CBE
Ends….
For further information please contact:Alistair Kellie – Telephone: 0207 680 6558/Email Alistair.Kellie@newgatecomms.com
Sara Neidle – Telephone: 020 7680 6550 / Email Sara.Neidle@newgatecomms.com
Email: TISA@newgatecomms.com
Notes for Editors
TISA is a not-for-profit membership association operating within the financial services industry. The focus of our recommendations and actions is improved outcomes for consumers and UK plc with this approach leading to a stronger UK financial services industry.
TISA’s growing membership comprises over 150 firms involved in the supply and distribution of savings and investment products and services. These members represent many different sectors of the financial services industry, including asset managers, insurance companies, fund managers, distributors, building societies, investment managers, third party administrators, consultants and advisers, software providers, financial advisers, pension providers, banks and stockbrokers.
Having a legacy of focusing predominantly within the tax incentivised products area, TISA has in recent years moved into the broader savings and investments world, extending our standing as trusted adviser over a much greater remit.
TISA has a successful track record in working cooperatively with government, regulators, HMT, DWP and HMRC to improve the performance of the industry and the outcomes for the public. Effective policy and regulation and the creation of efficient industry infrastructure continues to be the major focus for our members. TISA is unique in that it represents the entire financial services industry, incorporating cross-sector policy, industry and technical expertise. Whilst we maintain a solid partnership with government, the regulators and wider industry, we remain independent and develop neutral views and opinions. This impartiality is reflected in our ability to drive development projects which improve industry performance and consumer outcomes, putting us in the unique position of being able to constantly challenge the status quo to bring about material improvement.
Website: www.tisa.uk.com