Bob Head has stepped down as CEO of the Old Mutual Wealth Management group of businesses, Financial Times reports. He joined the firm in 2003 and was named CEO in 2009 to align the businesses of Skandia U.K., Skandia International, Skandia Investment Group and Skandia Continental Europe.

Before joining Old Mutual, Head was CEO of Smile.co.uk and finance investment and treasury director at Egg.com, which he co-founded. He was formerly also associated with the international division of Prudential and PricewaterhouseCoopers.

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