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Aegon UK Hires COO

Tommy Young is joining Aegon UK as COO of its life and pensions business.

Tommy Young is joining Aegon UK as COO of its life and pensions business, Professional Pensions reports. He will take over his new responsibilities from Simon Skinner, who has been appointed CEO of Aegon Ireland.

Young will be responsible for cutting Aegon’s costs by 25% over 2011 and will manage the sale of closed life operations Guardian to Cinven. He was earlier governance and controls director of Aegon’s sales and distribution business.

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