Skandia is in the market for a new platform business head after announcing that it will be losing Mark Papendieck from the beginning of December.
The funds manager said Papendieck had resigned as general manager, retail, to pursue personal business interests.
Papendieck joined Skandia as chief operating officer in 2005 and assumed his retail position late last year.
The Skandia announcement said Papendieck’s personal business interests included several company directorships and investments in businesses such as Financial Simplicity.
