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Embark appoints new chairman

Embark Group (Embark) today announces the appointment of David Barral, currently Senior Independent Director and Risk Chair at LV Financial Services, as its new chairman.

David brings significant experience to Embark following an extensive non-executive and executive career. Outside of his current portfolio, he previously held governance roles as Chairman of Virgin Wines, Independent Customer Champion of Old Mutual Wealth’s Customer Outcomes Forum, and was Chairman of the Association of British Insurers retirement and savings committee. Prior to this, David was Chief Executive of Aviva UK & Ireland Life Insurance, the Aviva Group’s largest business unit. He was also a member of the Financial Services Authority Retail Distribution Review taskforce.

He has a breadth of strategic, transformation and operational expertise, alongside deep experience in the strategic oversight of risk. He will support the founding executive team with the next stage of Embark’s development, as the Group continues to be one of the most innovative and fastest growing players in the platform and pensions sectors.

Embark would like to thank David Etherington as outgoing Chairman after three years in role and eight years of service with the Group in total and wish him well.

Mark Skinner, Non-Executive Director, Embark Group, commented: “Embark has achieved an exceptional amount since its inception, and is well-positioned for the considerable growth opportunities ahead of it. We are delighted to have David Barral join the Board for this next and very exciting stage in our development.”


Editors’ notes

For further information, please contact:

Harry Stovin-Bradford

The Agency Partnership (Embark Media Relations)

Email: harry.stovin-bradford@theagencypartnership.com

Tel: 07528 715 296


About Embark Group

Embark Group is a full-scale UK retirement solutions provider, active in the areas of Investment Platform, SIPP, SSAS, Multi-Asset Funds, Fund Research and Employee Benefits Consulting. The Group trades under the brands Embark, Rowanmoor, Vested and The Adviser Centre. It also operates a wide portfolio of white label services for business such as RBS Coutts, Standard Life, Nutmeg, BestInvest, Charles Stanley, Moneyfarm and Wealthsimple. Businesses within the Embark Group have been established in the market for more than 40 years and have a long history of working closely with intermediary distribution partners and consumers of all levels of affluence.

The Group has more than £38bn in assets under administration on behalf of c415,000 consumer clients, operating across eight UK locations (London, Bolton, Dundee, Edinburgh, Leeds, Leicester, Salisbury and Swindon). Embark has been recognised as one of the most innovative Wealth Tech companies in 2019 and 2020.

www.embarkgroup.co.uk

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