Hargreaves Lansdown CEO Dan Olley to leave firm

He will be succeeded by independent non-executive director and chair of the HL transformation committee Richard Flint on an interim basis, subject to the Financial Conduct Authority's approval. Olley will stay in his role for a three-month handover period and will remain available to the business for another two months thereafter to ensure a "smooth transition". Last year, HL agreed to a £5.4bn takeover offer from Harp Bidco, a private equity consortium comprised of CVC Capital Partners, Nordic Capital and Abu Dhabi Investment Authority. This move into the private space led the fir...