Influential Manx businesswoman Wendy Mayall has been appointed a non-executive director of a well known name in the insurance world.
Phoenix Group Holdings has a premium listing on the London Stock Exchange and is a member of the FTSE 250 index.
The Board of Phoenix Group Holdings announced the appointments of three new non-executive directors, including Wendy Mayall who attended Douglas High School and has previously told Business News of how proud she is of her Manx roots.
Wendy has more than 30 years’ asset management experience, including as group chief investment officer and latterly consultant at Liverpool Victoria from 2012 to 2015.
Previously she was chief investment officer for Unilever’s UK pension fund from 1996 to 2011 and holding management responsibility for Unilever’s pension funds globally.
From 2006 to 2009, she was the chairman of the Investment Committee of the Mineworkers Pension Scheme, a British government appointment to one of the largest government backed pension schemes in the UK.
Mrs Mayall is the non-executive senior independent director of the Aberdeen UK Tracker Trust plc.
The other two business people appointed to the Phoenix board are John Pollock and Nicholas Shott.
Henry Staunton, Phoenix chairman said: ‘I am delighted that we have secured the appointments to the Phoenix Board of three such experienced and successful individuals who will enhance the Board skillset in both quality and diversity.’
Wendy sits on the Advisory Committee of Mann Bioinvest, an Isle of Man based life sciences investment company co-chaired by the entrepreneur and island resident Jim Mellon.
Wendy told Business News in April 2012 of her joy after being judged one of the 100 most influential women working in European finance.
The 100 Most Influential Women were selected by Financial News’s editorial panel from a long list of women working in finance. She was delighted to be picked as one of the cream of female executives working in European financial markets.
She has enjoyed a sparkling career which has seen her hit the public spotlight.
But she told Business News: ‘I am proud of my Manx roots and always look forward to coming home. The island is such a sociable place. You are never far from the sea. It makes such a change from London.’ Phoenix has been a well-known name in the insurance world since 1782. From its beginnings more than 200 years ago, it has grown to become the largest UK consolidator of closed life assurance funds. It has offices in London, Birmingham and Jersey.
According to its website the Group is a closed life assurance fund consolidator that specialises in the management and acquisition of closed life and pension funds, and operates primarily in the United Kingdom.
Measured by total assets, the Group is the largest UK consolidator of closed life assurance funds. The Group has around 4.5 million1 policyholders and £47billion1 assets held by the Group’s life companies.
Meanwhile Wendy told Business News that she still retains very strong connections with the Isle of Man and visited only a few days ago.