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Alain Grisay, F&C |
F&C faces future without Friends
F&C may be up for sale, but the three-year growth plan and geographical expansion of chief executive Alain Grisay shows a new maturity has arrived at company headquarters.
In much of Europe and the US, the fortunes of the life insurance and asset management industries have long been tied together, and dismantling them, as life stalwart Friends Provident is finding, is no easy matter.