Close Brothers CEO takes medical leave of absence

According to a London Stock Exchange notice dated 16 September, Close Brothers group finance director Mike Morgan will take over the Sainsbury's responsibilities, supported by chair Mike Biggs and members of the senior management team.  "The group has put in place robust temporary cover arrangements to ensure continuity in the delivery of the group's strategy during this period," the firm said.  Sainsbury joined Close Brothers in 2013 as CEO within the commercial division, and became group CEO in September 2020. Prior to that, he was chief executive for four years at ANZ Europe. Th...