Roles change at St James's Place

Mike Wilson, current chief executive steps up to the chairman’s role, replacing Mark Weinberg. Andrew Croft, already with St James’s joins the company’s board as a director, while Sarah Bates joins the board as a non-executive director. Bates previously spent 18 years at Invesco Asset Management, and holds directorships with a number of investment trusts. St James's Place Capital, which claims more than £8.5bn in funds under management, has seen its shares climb from a low of 75p in March 2003 to about 167p. Shares peaked at a 474p high in 2001. IFAonline