Parmenion adds senior hire

Integrated proposition provider Parmenion have appointed Mark Steers as Chief Distribution Officer. This is a newly created role which will be responsible for developing and delivering Parmenion’s distribution strategy.

Assets managed on the Parmenion platform have recently exceeded £6bn as its impressive growth continues on the back of a rising share of market inflows.

Mark joins from NFU Mutual and brings over 25 years financial services and wealth management experience to Parmenion, having held a number of senior distribution roles with AXA in the UK and internationally, including Director of Partnerships.

Commenting, Parmenion’s CEO, Martin Jennings said:

“We have the ambition to grow our business materially over the next 5 years and Mark brings the experience, know how and character to help achieve our demanding targets. He will join our executive team, overseeing our distribution strategy and delivery.”

Mark said:

“I am delighted to be joining Parmenion and the Standard Life Aberdeen Group. Parmenion has an excellent reputation backed up a superb proposition and capability with ambitious growth plans. It is really exciting to be joining the team at this time as we move into the next phase of our development.