Skipton Group has appointed Jasvinder Gakhal as chief executive of money, taking up her post in the spring.
She replaces Andrew Bottomley who will retire after the firm’s annual general meeting in April.
Gakhal joins from Direct Line Group, where she worked for 19 years, most recently spending three years as managing director of its motor & rescue business.
In that role, Gakhal (who prefers to be called Jazz) oversaw new product pricing, delivered complex regulatory change, and embedded new technology and operational infrastructure.
Skipton group chief executive Stuart Haire says: “Jazz is creative, energetic and passionate, and leads people and businesses with authenticity.
“With her experience of delivering both commercial and customer outcomes, and her natural curiosity, she’s perfect for what we want to achieve in our money business – making our members’ money work even harder.”
Gakhal adds she is pleased to join a business which has a “mission to support their members with long-term financial well-being.”