Royal London replaces finance director

Shone, 55, has been in the position for 14 years. He will step down on 31 December. However, he will continue to lead the group's acquisition of the Co-operative Banking Group's life insurance and asset management businesses until it is concluded. Kerr Luscombe will take on the group finance director's role in addition to his responsibilities as group strategy director. He will start on 1 January. Luscombe, 47, joined Royal London as group strategy director in October 2011. In his new role he will have responsibility for Royal London's finance and actuarial teams as well as the str...