Wesleyan Group has appointed Faraz Tasnim as its new chief operating officer to support the next phase of its growth strategy.
Tasnim joined Wesleyan from Quilter in 2022 as group transformation director, bringing 20 years’ experience across transformation, commercial finance and consulting roles at Direct Line Group, Hastings Direct, Lloyds Banking Group and Rolls-Royce.
He was promoted to group chief transformation officer and joined Wesleyan’s group executive committee in April 2024.
Over the past three years, Tasnim has led initiatives that have strengthened the mutual’s operational resilience, accelerated digital transformation and improved customer and colleague experience.
In his new role, he will focus on deepening relationships with Wesleyan’s core customer base of doctors, teachers and dentists, enhancing its investments and advice proposition and further improving digital experiences for customers and members.
Tasnim succeeds David Stewart, who will leave Wesleyan at the end of 2025 to take up a new role in financial services after six and a half years with the business.
Wesleyan group chief executive Mario Mazzocchi said: “Faraz has been instrumental in evolving how we operate as a business, ensuring our transformation continues to deliver better outcomes and experiences for our customers. As chief operating officer, he will play a central role in supporting our ambitious growth plans.”
Mazzocchi also thanked Stewart for his “outstanding contribution” during his tenure as COO, highlighting his role in building a strong foundation for further growth.
Wesleyan provides access to its flagship With Profits Growth Fund through the intermediary advice sector.
