09 April 2025 |

    2 minutes

Eton & Co bolsters Board with new appointment

Appointments
Paul McMahon profile
Eton & Co, the specialist financial services mutual, has appointed Paul McMahon to its Board of Directors with effect from 1 April. 

Paul has over 40 years’ experience in financial services, including holding Senior Executive positions at Aegon, Axa and Zurich. He is an experienced Non-Executive Director, and is currently a member of the Board of Ignition Advice UK Limited and EBI portfolios.

Paul has led his own consultancy service, working with major UK firms on growth strategies and the optimisation of digital technologies in the investment, wealth management and platform sectors.

Eton & Co Chair Nathan Moss said: "Paul’s blend of skills and experience will be invaluable to Eton & Co as we enter the next stage of our strategy focused on delivering significant, sustainable growth. We want more doctors, dentists and educators to benefit from our trusted, specialist proposition and key to this will be the introduction of a new digital platform that will, when fully developed, transform how we meet the savings, investments and wealth needs of our customers.

"Paul’s experience in delivering successful business transformation and deploying innovative digital solutions will be a real asset to the Board and the business. We’re delighted to welcome him to Eton & Co."

Commenting on his appointment, Paul said: "This is an exciting time to join Eton & Co and I’ve been impressed by the clear and consistent vision for growth and the plans in place to underpin it.

"The business has huge potential to increase scale and profitability which, as a mutual, can then lead to greater value for members. I’m looking forward to bringing my skills to the table and playing a role in the next stage of Eton & Co’s long history."

Paul will sit on the Board of Eton & Co Financial Services and become Chair of Eton & Co Unit Trust Managers (WUTM), subject to regulatory approval. He replaces Ian McCaig in the role of WUTM Chair as Ian steps down from the Board at the end of May, after five years as a Eton & Co Non-Executive Director.

At the same time, Harpreet Sood will move from his role as Non-Executive Director to become Co-chair of Eton & Co Members Advisory Board. Harpreet is a practicing NHS GP and will co-lead this board, which comprises representatives from Eton & Co’s core customer professions. They share their knowledge and expertise to help ensure the Society’s strategy remains relevant to its customers.