Quilter plc announced that Paul Feeney will step down from his role as Chief Executive Officer of the company from 31 October 2022. Paul will remain available thereafter to support an orderly transition. The Board is also announced the appointment of Steven Levin as Chief Executive Officer from 1 November 2022, which is in line with the Board's long-term succession plan.

Steven has led Quilter's Affluent segment since its formation and has deep business experience across Quilter and successfully managed Quilter's Platform Transformation Programme. He has been with the Group (and its predecessor companies) since June 1998. The appointment is subject to regulatory approval.

Steven is an experienced leader with an ability to cut through organizational complexity to drive strategic delivery. He has deep industry knowledge, having worked in asset management, investments, platform and distribution roles. This breadth of experience positions him well to lead the integrated customer centric propositions at Quilter.

Having been a member of the Executive Committee since 2011, he has played a leading role in delivering several high-profile strategic initiatives for the Group, including the implementation of Quilter's new investment platform and supporting the development of Quilter's ESG proposition. He is a trusted leader who is highly respected by the Board, his Executive Committee and the wider business for his insight and customer focus. Steven joined Quilter plc and its predecessor companies in June 1998, initially joining Old Mutual Group in Cape Town, South Africa.

Relocating to London in 2010 as the Product and Proposition Director for Old Mutual plc, he became a Managing Director in 2011 in what was to become Quilter plc. Most recently, Steven has been instrumental in bringing together Quilter's Platform, Asset Management and Advice businesses into a single affluent customer focussed business. Steven is a qualified Actuary and Chartered Financial Analyst.

His more recent notable roles include: · CEO, Investment Platform & CEO Quilter Investors, Quilter plc (2017 - 2022); CEO, UK Investment Platform, Old Mutual Wealth (2015 - 2017); MD & Global Head of Distribution, Old Mutual Wealth (2013 - 2015); MD, Old Mutual International & Europe (2011 - 2013); Product and Proposition Director, Old Mutual plc (2010 - 2011). Steven has led some of the most critical strategic activity for Quilter including: Leadership, delivery and implementation of Quilter's new investment platform, safely migrating 450,000 customers and £65 billion AUM over three phased migrations. This was the largest platform migration in the UK market.

Launched ESG enhancements to Quilter's Managed Portfolio Service offering, with integrated adviser tools to support advice. Strategic review and disposal of Quilter Life Assurance Limited for £425 million in December 2019.