Friends investment chief resigns; Manulife names distribution head; Vontobel appoints products CEO; BNP boosts NRI team; Alfi names new chairman; BNY appoints services chief; and Mitsubishi names rates head.
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Despite a tough first half for the UK insurer and reports that it may be selling its international business, Friends Life plans to devolve more fund-selection responsibility to the region and beef up its team there.