A managing director at BNY Mellon has left his job to move to Skandia.
Scott Goodsir has been appointed as managing director of UK distribution at Skandia after 15 years in his previous role.
Mr Goodsir will be responsible for the sales and distribution of all Skandia products into the UK, including the platform, protection products, investment solutions and offshore bonds.{desktop}{/desktop}{mobile}{/mobile}
Steven Levin, managing director and head of global distribution for Old Mutual Wealth, including Skandia, said: "Attracting someone of Scott's calibre into the business is a great endorsement of our strategy and ambition.
"We are focused on growing quickly into one of the leading investment businesses in the market and Scott's experience will help us achieve that.
"He already knows our business and many of our people very well through his role at BNY Mellon and will be a great addition to our team."
Meanwhile, Skandia has said it is making improvements to its International Portfolio Bonds and European Portfolio Bond sold in the UK.
These include greater flexibility in how Discretionary Fund Managers can be used. The firm said the changes will open up a number of possibilities for advisers and customers regarding how money is held and managed within their offshore bond.