Lord Hunt of Wirral MBE is stepping down as AIFA Chairman at the end of this year to pursue interest...
Lord Hunt of Wirral MBE is stepping down as AIFA Chairman at the end of this year to pursue interests in a new business venture.
Lord Hunt, who was one of the founding members of the AIFA in 1999, will continue to carry out his role until the AIFA's AGM meeting in November but will have to give up his position of a potential conflict.
Beachcroft Wansborough, the commercial law firm, at which he is senior partner, is setting up a financial services consultancy, so Lord Hunt will remain with the trade body only until the AIFA council finds a new chairman.
Commenting on Lord Hunt's work for the IFA sector, Roger Sanders OBE, AIFA's Deputy Chairman, says:
"AIFA is very fortunate to have benefited from Lord Hunt's services for three years. I know that I speak on behalf of all the Council Members when I say that he has done an excellent job and has brought considerable experience and good humour to the role.
"We are very sorry that he has decided to step down, but we understand and accept the potential for conflict. The Council will now begin the search for a new Chairman and we are delighted that Lord Hunt will stay on until that process is completed. He will be a hard act to follow," adds Sanders.
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