MPS provider ups governance game as part of FCA requirement

Ebi has made several board and executive changes

Isabel Baxter
clock • 4 min read

Managed portfolio service (MPS) provider Ebi has made several board appointments to up its compliance and governance standards as a requirement from the Financial Conduct Authority (FCA), it shares with Professional Adviser.

The provider's latest appointments include Paul McMahon as chairman and Harry Hitchcock as chief operating officer. Continuing board members are founder, CEO and chief investment officer Craig Burgess and non-executive director Mike Morrow. Morrow was a previous board member of financial advice trade body PIMFA and is currently chief commercial officer at Parmenion. Alongside the board restructure, Ebi has appointed Sue Smith as head of compliance. "Her experience and expertise will ensure that Ebi continues to adhere to regulatory standards and mitigate business risk effectively,"...

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