Woods will be responsible for the “financial leadership of the business”, including accounting, controlling, tax, investments, capital raising and deployment, debt strategy and management, and treasury services.
He will report to Sir Clive Cowdery, Resolution founder and executive chairman of Resolution Life, and will join the Group’s executive committee.
Cowdery said: “Simon’s experience positions him to play an instrumental role at Resolution Life as we continue to grow through M&A.
“He already knows the business well and I look forward to working with him as the group helps even more global insurers to release capital by providing a safe long-term home for policyholders.”
Woods added: “I am delighted to join Resolution at a hugely exciting time for the company and the industry, and to help drive continued growth.
“The industry and societal need for long-term secure solutions for in-force policies has never been greater, and Resolution is uniquely positioned to deploy capital globally, and to provide full-service solutions across investments, biometric risk and operations.”