Britannic Asset Management is restructuring its senior level management following Leslie McIntosh's ...
Britannic Asset Management is restructuring its senior level management following Leslie McIntosh's promotion from chief operating officer to chief executive officer, writes James Phillipps.
McIntosh's move means there are now three senior level positions unfilled in Britannic's management structure.
Following the appointment of Francis Ghiloni as sales and marketing director and the departure of Douglas Ferrans, Britannic is now looking for new heads of both its institutional and retail divisions, as well as a new chief operating officer to take over from McIntosh.
Ghiloni vacated his previous role of managing director of the retail division to take overall responsibility for the marketing and public relations of the retail and institutional divisions, while Ferrans left his post as managing director of institutional to join Halifax Asset Management.
Britannic is currently in the process of recruiting for the vacancies, looking both internally and externally for potential candidates.
A senior level post has also been created for Steve Kenny, who was last month made head of retail development at the group and will also take some responsibility for intermediary sales. The post is in recognition of changing trends in distribution outlets, according to Ghiloni.
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