Chief executive Peter Kenny has praised the ‘commitment and hard work’ of employees at financial services giant Old Mutual International.

The team at King Edward Bay House, King Edward Road,Onchan, were applauded after the business scooped a string of awards.

Old Mutual International won six awards – three at International Investment’s annual international fund and product awards, and three at International Adviser’s global financial services awards.

The first set of awards were presented at a ceremony at the Merchant Taylors’ Hall in the heart of the City of London, recognising wealth management and financial advisory firms that are leaders in their respective fields and regularly go that ‘extra mile’.

Old Mutual International won best best-practice in asset management/life products/bonds (future fit); best international portfolio bond (wealth portfolio); and best international protection plan .

The best practice award is particularly significant because it is the third successive year that the company has won it for its ‘future fit’ programme. Future fit is a year-round campaign, with a supporting website, that helps advisers in the company’s international territories to navigate the regulatory changes and ‘deliver good customer outcomes’.

At the International Adviser global financial services awards – held at the Grosvenor House JW Marriott Hotel in Mayfair – the island’s biggest insurance company won the international life group of the year (non-UK), best international portfolio bond, and best digital proposition categories.

Chief executive Peter Kenny said: ‘I am delighted that Old Mutual International has once again been recognised with these industry awards.

‘This is a great achievement for the business and for the whole of our international team.

‘I would like to thank everyone who has contributed to this success, none of which would have been achieved without the commitment and hard work of our employees.”

The award successes follow more recent good news.

Quilter plc (Old Mutual International’s parent company) announced changes to its executive committee, and this included Peter Kenny, managing director of Old Mutual International since August 2016, being promoted to chief executive and appointed to Quilter plc’s executive committee.

Mr Kenny, who was the keynote speaker at the 2018 International Adviser awards, said he will continue to drive the momentum that has been gained regarding the transformation of the international business during his time as managing director.

In 2017 Old Mutual International won 12 categories in International Adviser’s international life awards, and three at International Investment’s international fund and product awards.

The International Adviser awards have been restructured this year, with fewer categories than in previous years.

It is stressed previous award performance is not indicative of future performance.