M&G Wealth has appointed Caroline Connellan as its new chief executive.
She moves from being a senior advisor across asset and wealth management at Boston Consulting Group since January 2022, and before that was the chief executive of abrdn's personal wealth business from October 2021 to 2022.
Connellan will now lead M&G’s wealth business, which encompasses financial advice, adviser services - including the M&G Wealth Platform - and investment solutions. It currently has circa £85bn worth of assets under administration and works with around 500 in-house own advisers, alongside more than 3,000 advice firms.
