Skandia, part of Old Mutual Wealth, has appointed Gower Wisdom as product director, reporting to Carlton Hood, customer solutions director at Old Mutual Wealth.

Skandia, part of Old Mutual Wealth, has appointed Gower Wisdom as product director, reporting to Carlton Hood, customer solutions director at Old Mutual Wealth.

He replaces Darren Sharkey, who has been appointed to the newly-created role of director of finance.

In his new role, Gower will be responsible for developing Skandia’s customer proposition, including product and pricing strategy for its UK, international and continental Europe business, Skandia said in a statement.

Gower been at Skandia since 2011, most recently as head of protection product and pricing. He has worked at Old Mutual group for a total of 10 years with roles in various parts of the business including product, finance and risk management.

In April, Skandia appointed Tom Hawkins as the newly-created role of head of UK proposition marketing.

Hawkins will be responsible for the development and marketing of Skandia’s customer proposition in the UK, covering platform, pensions and investment solutions, the firm said in a statement.

London and Johannesburg-listed bank and asset manager Old Mutual said in March that it was selling Skandia Germany and Skandia Austria to a Cinven and Hannover Re acquisition vehicle for €220 million ($302.7 million) as part of it plans simplify its operations in Europe and focus on a select number of core growth markets.

Old Mutual also recently confirmed that vice chairman Peter Mann will retire to pursue new challenges outside of the company. Mann will stay with the business until the mid-year to ensure a smooth handover of his responsibilities.