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Senior Dresdner executive moves to Pearl

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John Cusins, former co-head of financials derivatives marketing at Dresdner Kleinwort Wasserstein in London, has moved to the Pearl Group, the new life assurance company set up by pubs and pizza entrepreneur Hugh Osmond.

A Pearl spokesperson confirmed Cusins has started with the company but would not comment on the nature of his role. Last year Osmond, through his Sun Capital investment company and with the backing of private equity company TDR, paid over £1 billion for Life Services, the former UK life company of HHG, the Henderson asset manager and Towry Law combine. Life Services comprised the closed life assurance and pension books of Pearl, London Life and NPI.

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