Royal London Asset Management has named Hans Georgeson as its chief executive, replacing Andrew Carter who will retire in June from the helm of the £148bn asset manager.

Georgeson previously worked at Axa Group, where he spent 10 years as CEO of its Architas Asset Management business, which is responsible for overseeing £40bn of client assets across 12 countries in Europe and Asia. He stepped down from the position in January 2020.