Old Mutual International Isle of Man, part of Old Mutual Wealth, the leading wealth management business in the UK and internationally, announces the appointment of Peter Kenny as managing director.

Peter will be responsible for leading the 430+ strong team, reporting to Steven Levin, CEO of investment platforms for Old Mutual Wealth.

He will also play an integral part in continuing to build the Old Mutual International brand locally, including the relationships with the business community, Government and the Financial Services Authority.

Peter joins Old Mutual International with over thirty years’ experience in financial services, spanning both the life insurance and hedge fund sectors, having previously held the roles of chief operating officer, fund director and managing director of fund management and distribution companies. Prior to that, Peter worked for Zurich International Life where he held various positions, including that of strategic alliances and client services director with direct responsibility for 300+ staff across global locations. More recently, Peter was a Board Member of the Financial Services Authority on the Isle of Man.

Peter has lived and worked in the Isle of Man for 27 years, having also worked in the UK and Asia.

Commenting on the appointment, Steven Levin, CEO of investment platforms, Old Mutual Wealth, said: “I am delighted that Peter will be joining us at Old Mutual International on the Isle of Man. His vast experience strengthens the leadership team on the island and will be invaluable as we continue to enhance our support across multiple global markets.”

Peter Kenny said: “I am really pleased to be joining Old Mutual International and I am looking forward to playing my part in the continued success of the business.”