AJ Bell D2C and investment head Doran departs for CIO role at Lloyds

Replaced with Musson and Hughes

AJ Bell managing director of direct-to-consumer (D2C) and investments Kevin Doran has left the firm to take up a newly created role at Lloyds Banking Group as chief investment officer for Scottish Widows and the group’s insurance, pensions and investments business, from early 2024.

Doran joined AJ Bell in 2017 and led the launch of the investments business within the group, then developed the D2C proposition, including Dodl - AJ Bell's investment app. Prior to AJ Bell, he worked at KBL European Private Bankers as group head of strategy and research and as chief investment officer at Brown Shipley. Chira Barua, CEO of Scottish Widows and CEO of insurance, pensions and investments at Lloyds Banking Group, said the creation of the role is about bringing focus to the firm's investment strategy. "We have been putting lots of energy into bringing more choice for co...