M&G appoints ex-Brooks chief Caroline Connellan as Wealth CEO

Joins in September

M&G has appointed former Brooks Macdonald and abrdn Personal Wealth boss Caroline Connellan as CEO of its Wealth business.

From September 2023, she will lead M&G's £85bn multi-channel wealth business, which comprises financial advice, adviser services, including the M&G Wealth platform, and investment solutions.  Connellan most recently served as CEO of abrdn Personal Wealth from October 2021 to October 2022. She was also CEO and executive director at Brooks Macdonald for over four years.  She has held a number of senior positions throughout her 25-year career, including head of UK Premier and Wealth at HSBC and group strategy director at Standard Life. Connellan also spent eight years at McKinsey, having...