New non-exec at Standard Life

SAVINGS and investment company Standard Life announced yesterday that Kevin Parry has joined the company as a non-executive director, taking up the role with immediate effect.

In addition to joining the board he is now a member of Standard Life’s audit committee and its risk and capital committee. Parry’s remuneration for the role will come to £71,400 per annum.

Sir Gerry Grimstone, Standard Life chairman, said he was “very pleased” to welcome Parry to the company, and added: “His experience as the chief financial officer of one of the FTSE’s leading asset managers and his broad commercial background make him an ideal addition as we continue to drive forward the development of Standard Life.”

Parry was previously chief financial officer at Schroders, where he held a variety of roles between 2003 and 2013. Before that, he was chief executive at Management Consulting Group and a managing partner at KPMG.

In addition to his new role at Standard Life, Parry currently sits on the boards of the Daily Mail and General Trust, Intermediate Capital Group, the Homes and Communities Agency and the Royal National Children's Foundation.

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