News in brief - 16 February 2024

Bevan Money has appointed Brian Brodie as its new chief executive officer (CEO). He joins from Freedom Finance, where he was group CEO, and most recently, chairperson. Brodie has also worked as a senior adviser at Pollen Street Capital and held director roles at Virgin Money, Royal Bank of Scotland, Bank of Scotland and HML. Mel Lane has also been appointed to the role of deputy CEO.

Rizwan Ali has been appointed as senior business development manager at StrideUp. He will work with brokers to deliver ownership solutions for their Muslim clients whose faith requires them to avoid paying or receiving interest. StrideUp provides a home purchase plan product, which gives individuals a way to become homeowners without compromising on their values. With over 12 years’ experience in Shariah-compliant finance, Ali has previously held roles at Al Rayan and HBL Bank, where he was a senior relationship manager.

Canada Life has appointed Shreyas Sridhar as its new business development director for bulk purchase annuities, reporting in to managing director for bulk purchase annuities, Tim Coulson. Sridhar has spent over 15 years working in financial services, most recently at Legal & General as head of reinsurance and international development as part of their pension risk transfer business. Canada Life said that following the appointment, the firm will continue to build its resource and capability in order to seize opportunities in a “buoyant” annuities market, and Sridhar will help them deliver on its ambition to become a “market-leading provider” of pension de-risking solutions.



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