Fidelity's new boss rings in the changes

Nadine Tereora

Tereora has been in the role for  eight weeks now and decided to make the changes earlier rather than latter as it has been a long transition period between Milton Jenning's retirement and her start date.

Ed Eadie, who was the acting chief executive during this period, will take on a broader role in the restructure. He continues as Chief Financial Officer, but his role now includes strategy, corporate and legal services, business systems and technology, together with actuarial operations.  

The independent role of Appointed Actuary will continue to be led by John Smith, with a reporting line to the Tereora.

The big changes are that the roles of Chief Marketing Officer and National Sales Manager roles, held by Ian Moody and Peter Mensah respectively, have been disestablished.