Liverpool Victoria Friendly Society has made two changes to its group executive committee.

Richard Hoad has been promoted director of new markets, while Cheryl Binnis will become group strategy and insight director. Both will report to chief executive Richard Rowley. Hoad, who has worked with the firm since 2011, will be responsible generating long-term growth and value for members as well as contributing to the evolution of its Life & Pensions business. Binnis has been with the group since 2007 and was most recently head of consumer insight and strategy.

B&CE has made two appointments to its senior leadership team.

Tracey Weller will become group director of business operations, while David Brown has been named group director of strategy and innovation. Weller, who joins in June 2018, was previously practice leader for third party administration for Hymans Robertson and prior to this held senior positions at The Pensions Trust and Equiniti. Brown was most recently strategy director at AXA Wealth and has over 30 years’ experience in financial services. He commenced his role on 3 January 2018.

In addition, Roy Porter has been promoted to group director of sales and marketing and Chris Jones has been promoted to group director of change.

Key Retirement Group has named Steve Groves as its new group chairman.

Groves will be responsible for growing the firm following its £208m acquisition by investment manager Partners Group last year. Prior to joining Key Retirement Group, he was group CEO of Partnership, previously Partnership Assurance, and was responsible for building the firm into a leading enhanced annuity and equity focused business in the UK. In September 2016 he was appointed chairman of Retirement Bridge. David Young will continue his role as Key Retirement Group’s non-executive director into its next growth phase.

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