Adrian Sainsbury has stepped down from his role as Close Brothers group chief executive following a period of medical leave.
The wealth management business confirmed Sainsbury's stepped down on Monday (6 January). Sainsbury exited the top job to focus on his health, according to a stock exchange announcement. The board added that "he [Sainsbury] is recuperating well and expected to make a full recovery". "The board would like to sincerely thank Adrian for his material contribution during his 11 years with the group, the last four of which were as chief executive," said chair Mike Biggs. "During this time he has overseen a period of significant growth and development for the group, successfully leading ...
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
