Luxembourg-Headquartered Wealth Manager Names New Group CEO

Tom Burroughes

22 January 2014

Luxembourg-headquartered has appointed Marc Stevens as group chief executive and general manager of Private Estate Life and Altraplan Luxembourg, businesses that are part of NPG.

Stevens takes over from Stephen Bright who decided to retire from the post at the end of December last year, NPG said in a statement yesterday.

“I am convinced that Marc will leverage his extensive professional experience and knowledge of life insurance and sales in Luxembourg, Belgium and Europe to continue the development and growth of the group, with a focus in the short term on three key areas: its clients, its distribution partners and its products and services,” executive chairman Thierry Porté, said in the statement.

Stevens has worked for the last 12 years for Vitis Life, initially as sales and marketing manager and from 2009 as CEO and general manager.

Established in Luxembourg in 2006, NPG Wealth Management provides European cross-border life assurance solutions in the high net worth and affluent clients; the firm operates from Luxembourg, Ireland, Gibraltar and Bermuda.