Pounds 113m-in-Red Friends Loses Finance Boss

Summary


BELEAGUERED insurer Friends Provident suffered another blow today when respected finance director Jim Smart said he will leave in August once a review of the business is completed.

Already without a chief executive after the ousting of Philip Moore and ahead of the arrival of Trevor Matthews from Standard Life, Friends said Smart wanted to "pursue other opportunities".

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Extract


Pounds 113m-in-Red Friends Loses Finance Boss

Analysts s...

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