Friends Provident relocates ahead of relaunch
Friends Provident is relocating its head office to the One New Change development in the City of London, moving from nearby Wood Street.
The location will apparently provide a “fitting home” for the enlarged Friends, following the acquisition of the majority of AXA’s UK life business by parent company, Resolution Ltd, in September.
The change, which comes ahead of the planned launch of the combined business as Friends Life, which is expected to take place in April 2011.
Around 200 staff will initially be based in the new offices, including the group’s executive directors and corporate teams.
Friends Provident executive director of operations, David Hynam, comments: “We are excited about the move which will give us the space to bring our recently expanded business together under one roof, while still remaining right at the heart of the city.”
Designed by award-winning architect, Jean Nouvel, One New Change is Land Securities’ latest development; the £540m retail and office complex opened in October 2010.
Category: Companies News, Employment News, Insurance News, Resolution News
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