Tenet distribution director Keith Richards has left the firm after nine years.
An email to Tenet members did not specify a replacement for Richards (pictued), who oversees group distribution as well as development at the firm's directly authorised and appointed representative branches.
"I resigned last week to pursue new opportunities but I can't say anything more than that at this stage," Richards told IFAonline.
Tenet executive chairman Martin Greenwood said: "Keith has made a significant contribution to Tenet during the last nine years and was a key driver in supporting the group's transition to the post-RDR world.
"His insight and influence will be a loss to the business and I would like to thank him for his valuable contribution and commitment. We wish him every success in the future."
While at the network, Richards was key to negotiating a number of professional indemnity insurance deals for members through Tenet's subsidiary Paragon Insurance.
To aid regulatory reporting
Three year strategic review
Impact on markets
Has run Cautious Managed fund since 2011
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