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Old Mutual takes Tookey for float

Appointment of new chief financial officer comes as the UK wealth manager reports its best-ever quarter for net inflows

Old Mutual takes Tookey for float

Tim Tookey, the former chief executive of Friends Life, has agreed to return to full-time work at Old Mutual Wealth, as the firm gears up for a stock market listing later this year.

Tookey, who is currently a non-executive director of the £122 billion UK wealth manager, is stepping up to become chief financial officer, reporting to chief executive Paul Feeney.

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