Asset manager Syndicate has promoted Mark Cheshire from interim to full-time group chief executive.
The former Lloyds TSB Wealth Management director will continue in his role as CEO of Syndicate's wholly-owned wealth management division, Ashcourt Rowan. Syndicate says under Cheshire's leadership, Ashcourt Rowan revenues for the six months to 30 September 2010 jumped 28% compared to the same period the previous year. Peter Dew, non-executive chairman of Syndicate, says: "We are delighted that Mark has accepted the position of Group CEO. "He has the full backing of the board and our major shareholders to drive through his programme for delivering significant growth within the busin...
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