Cazeaux will report to the group chief executive, Barry O’Dwyer, and will take up the role in early June.
He joins Royal London from ‘Big Four’ accountancy firm KPMG where he is currently an audit partner and has spent the last 20 years in financial services including executive secondment roles in finance functions of large UK insurers and has deep rooted specialist and commercial sector expertise.
Cazeaux said he is “delighted” to be joining Royal London.
He said: “I am looking forward to working with colleagues across the group and contributing to the business’s aim of strengthening its position in the market.”
O’Dwyer added: “With his wealth of experience in the sector, Dan will be a strong addition to the Royal London board and executive team. He joins at a time when the value of Royal London’s financial resilience and capital strength has never been more important.
“Once we get past Covid-19, I look forward to working with Dan to build on that strength, creating a modern mutual that offers customers consistently great service, performance and value.”