Bupa role for ex-Standard Life finance chief Bourke

By GARETH MACKIE
Published on 13/06/2012 00:00

ONE of the key figures behind Standard Life’s de-mutualisation and flotation has been named as the new chief financial officer at private healthcare group Bupa.

Evelyn Bourke joins Bupa from insurance group Friends Life, where she has been responsible for its “heritage” closed-book business since August.

Friends Life is owned by buyout firm Resolution, which earlier this year announced plans to split the business into two separately-listed entities.

As chief financial officer of Standard Life’s UK financial services division, Bourke played a key role in the group’s 2006 demutualisation before joining Friends in 2008. She is expected to leave Friends in the autumn, but her start date at Bupa has not been confirmed.

Shore Capital analyst Eamonn Flanagan said: “We regard Evelyn very highly indeed and view her departure from Resolution as a severe blow to the business.”