RESOLUTION LIMITED
(the "Company")
Management Changes at Friends Life Group plc
The Company announcesthat Evelyn Bourke has
resigned from Friends Life where she is CEO of the Heritage
business. She will continue to lead this business until she
leaves the group in the autumn. Her successor will be
announced in due course.
Andy Briggs CEO of Friends Life commented: "We are
grateful for the contribution Evelyn has made to Friends
Life and wish her well in her new role."
Enquiries:
Investors/analysts
Neil Wesley, Resolution Operations
LLP
+44 (0)20 3372 2928
Media
Alex Child-Villiers, Temple Bar
Advisory
+44 (0) 7795 425580
Notes to editors:
The Heritage business comprises the UK life back book,
Friends Life Investments, the UK pension fund and the
listed debt of Friends Life Group plc.
Resolution's current restructuring project is in the UK
life and related asset management sectors (the "UK
Life Project").
The Company's ordinary shares were admitted to the
Official List and to trading on the main market of the
London Stock Exchange in December 2008. The Company
transferred to a Premium Listing as it completed its first
acquisition, Friends Provident Group plc, on 4 November
2009 and is subject to those provisions of the Listing
Rules that apply to overseas companies with a Premium
Listing. The Company completed its second acquisition, the
majority of the AXA UK life business, on 15 September
2010. On 31 January 2011, the Company completed its
third acquisition, the shares and business of Bupa Health
Assurance Limited.
A copy of this announcement is and will be available,
subject to certain restrictions relating to persons
resident in restricted jurisdictions, on the Company's
website www.resolution.gg
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