Royal London's Taylor to take over as Ascentric MD

Jon Taylor, head of the former Co-op life insurance business, is to replace Hugo Thorman as managing director of platform Ascentric.

Taylor, who heads the Co-op life insurance business (CIS) bought by Royal London last year, will take over from Thorman (pictured) in January 2015. Thorman will become chairman of the company and work closely with Taylor, Royal London said. Both appointments are subject to regulatory approval. Taylor joined Royal London following the acquisition of the business in July 2013. He held a number of roles within CIS, including heading up IT and technology strategy, business transformation and most recently as head of the CIS life and savings business.  "We are delighted to appoint ...