Warren Page, the chief operating officer of Towergate Financial, has been promoted to chief executive, replacing Dan Saulter.
Saulter, who was only recently installed as CEO himself, has been promoted to mergers and acquisitions (M&A) director of parent company Towergate Insurance Group.
Prior to joining Towergate, Page was client services director of Origen Financial Services and worked at both Barclays and HSBC.
Saulter held M&A and management consulting roles with accountancy firms KPMG and PKF before joining Towergate.
Last week Saulter told IFAonline that the in terms of acquiring financial advisory businesses, it would focus on smaller IFAs and divisions of building societies and would only looks at advisers that were QCF Level 4 qualified.
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