Media Release: AEGON UK appoints Gill Scott as HR director

AEGON UK today announces the appointment of Gill Scott as HR director.

Gill, previously AEGON UK’s head of HR – Life and Pensions, has been a key member of the HR Leadership team at AEGON UK since 2005.

A graduate of Edinburgh’s Napier University, Gill joined Scottish Equitable in 1991 and since then has held a series of management roles across the business including customer services, training and development, change management and Employee Benefits.

She joined the HR leadership team in 2005. As head of HR – Life and Pensions she has led a number of organisational change programmes.

Gill will take up her new role with immediate effect.

AEGON chief executive, Otto Thoresen, says:

“With almost twenty years experience within this business Gill brings an impressive breadth of knowledge to the HR Director role. Gill will be a valuable addition to our executive team and I’m looking forward to working closely with her in the months ahead as we develop our plans to restructure and refocus the UK business.”

AEGON UK HR director, Gill Scott, says: “AEGON’s new strategy and focus on two core markets will bring both challenges and opportunities for our people. The right HR and people approach will be key to the long term success of AEGON in the UK and will be my main focus as we enter a significant period of change in the organisation.”

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For further information and photography:

Lesley McPherson, Head of Media Relations, 0131 549 3782

Notes to editors

As HR director, Gill succeeds Sandy Begbie, who left AEGON in January 2010. Her appointment follows a thorough search process, which considered a range of external and internal candidates.

On June 22, AEGON announced its intention to refocus and restructure its UK business on two core markets of ‘At Retirement’ and ‘Workplace Savings’ and achieve a 25 per cent reduction in costs by end 2011.

In the UK AEGON offers pensions, life insurance, asset management and financial advice to around two million customers. AEGON UK has assets under administration of £53.6 billion and employs approximately 4,500 staff.

AEGON is an international provider of life insurance, pensions and investments with approximately 28,000 employees world wide and 40 million customers in the Americas, Europe and Asia. AEGON’s revenue generating investments totaled EUR 388 billion at 31 March 2010.

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