Griffiths, who has 30 years’ experience in financial services, has worked at TML since 2019.

In his new position, Griffiths will be charged with “further strengthening engagement” with intermediaries.

TML chief executive Peter Beaumont says: “Steve has been a driving force within the business since he joined and has been crucial in forging strong relationships with our intermediary partners.

“His engagement and expertise have been invaluable and will continue to be highly beneficial as the business evolves and grows.

“[This year] looks to be an exciting year for TML, and our priorities will focus on strengthening our ties with our intermediary partners and on developing new offerings to support their clients.”