(Sharecast News) – Phoenix Group said on Wednesday that Nicholas Lyons will be returning to the company and will be appointed chair of the board of directors with effect from 1 December.
Lyons had resigned from that position last September to take up the role of Lord Mayor of the City of London for a one-year term.
Phoenix said that after 10 years on the board, Alastair Barbour – who took on the role of interim chair last year – will step down with effect from 30 November.
He will remain on the board as a non-executive director until the end of December to allow for “a suitable handover”.
