Allen to Succeed Kneeshaw as CEO at IFGL
Company - People | Apr 07, 2025 | EIN
Rob Allen has been appointed as the new CEO of IFGL, effective May 1, 2025, succeeding David Kneeshaw. Allen joins IFGL from Independent Wealth Planners, where he served as CEO. Cinven, the majority shareholder, expressed confidence in Allen's leadership abilities, emphasizing his extensive experience and successful track record in the financial services sector. Allen's background includes senior roles at NatWest Group Plc, HSBC, and Westpac Banking Corporation. IFGL, a provider of investment, savings, and protection solutions for expats and wealth management clients, is poised for its next growth phase under Allen's leadership. The company boasts $27 billion in assets under administration and pursues growth through new markets and strategic mergers and acquisitions.
Sectors
- Financial Services
- Private Equity
- Wealth Management
Geography
- United Kingdom – Rob Allen previously worked at Independent Wealth Planners in the UK, and IFGL operates globally with headquarters in the UK.
Industry
- Financial Services – The article discusses leadership changes at IFGL, a financial services provider involved in investment, savings, and protection solutions.
- Private Equity – Cinven, a private equity firm, is the majority shareholder in IFGL and has a role in appointing the new CEO.
- Wealth Management – IFGL provides wealth management services, and the article highlights its strategies to expand in this sector.
Financials
- $27 billion – Assets under administration by IFGL.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rob Allen | Incoming CEO | Person | Will become CEO of IFGL on May 1, 2025, succeeding David Kneeshaw. |
| David Kneeshaw | Outgoing CEO | Person | The current CEO of IFGL, retiring in 2025. |
| IFGL | Target Company | Company | An independent provider of investment, savings, and protection solutions with $27 billion in assets under administration. |
| Cinven | Majority Shareholder | Company | A private equity firm that is the majority shareholder of IFGL. |
| Independent Wealth Planners (IWP) | Previous Employer | Company | Rob Allen's previous employer, where he served as CEO. |