Ex-Ascot Lloyd CEO eyes 'targeted' acquisitions to grow new firm

Dunbabin initially retired in 2019 after selling Ascot Lloyd to Oaktree Capital in 2017. Ascot Lloyd has since bought Aberdeen's financial planning arm which completed in February. Following his retirement, Dunbabin decided to re-enter the advice profession when he "got bored" during the Covid pandemic. Despite retiring, he was invested in two other businesses as a minority shareholder in both. "I still had that interest and I still had that desire to do something productive," he said. An opportunity arose for Dunbabin in the shape of a chartered financial planning business in N...