According to the firm, Chawla will be responsible for managing the Standard Life brand for the open savings and retirement businesses.
Chawla said: “I’m very much looking forward to further strengthening the market presence of this well-established brand in the savings and retirement market, and to working with my new colleagues to make the most of the opportunities we now have.
“We will be investing in our brand and product innovation to continue to make us relevant to our customers today and in the future, and meet our business ambitions to be the leading provider of pensions and savings solutions.”
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