Lord Leitch is to step down from his role of chairman of adviser network Intrinsic Financial Services at the end of March, prompting a shake-up of the firm's board.
The Labour peer and former deputy chairman at Lloyds Banking Group will also leave his position as non-executive director of Old Mutual Wealth as part of the move. He will be replaced at Intrinsic by current independent non-executive director Gregor Stewart, who will take over as chairman in April, while Lord Leitch will stay on as an adviser to the board until June. Meanwhile, former chief risk officer Wallace Dobbin, who recently retired and was replaced by Tenet regulatory director Gill Davidson, will take the role of non-executive director of the board in May. Intrinsic CEO...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
