Progeny makes leadership changes as Tom Wood becomes CEO

Founder Neil Moles moves into non-exec and president role

Sahar Nazir
clock • 1 min read

Progeny Group has appointed Tom Wood as its new CEO as founder Neil Moles becomes non-executive director and president of the group.

Progeny said it has scaled its operations in the past three years to oversee more than £9bn in assets under management. Moles said: "Having founded and led the group for over sixteen years, I have decided after much reflection to step down from my role as CEO and become a non-executive director. This decision, while difficult, is the right step for me, my family, and ultimately for our business. "I'm delighted to confirm that Tom will succeed me as CEO. He is ideally suited to lead the next phase of growth and has been our CFO since February 2024.  Tom brings a wealth of experience, a...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read
PA Awards 2026: Photos from the night

PA Awards 2026: Photos from the night

Celebrating the advice profession's best

Professional Adviser
clock 20 March 2026 • 1 min read
Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Best amount ever raised

Professional Adviser
clock 20 March 2026 • 1 min read