Alan Sinstead quits Investec sales position

Alan Sinstead has resigned from Investec Guinness Flight where he was head of IFA sales. Sinstead's decision to leave comes on the eve of the arrival of Jamie MacLeod as managing director of the unit trust company. He joins the group from Scottish Widows Investment Management where he was managing director. Philip Saunders, sales and marketing director at Investec, said: "Alan had made his decision to leave before Jamie was appointed. He had a different view on what his role involved and wanted the IFA sales team to be built more rapidly than actually happened." MacLeod will make the deci...