Shea becomes head of FundsNetwork

Fidelity has appointed head of platform operations Pat Shea to run its FundsNetwork platform.

He takes over from UK managing director Hugh Mullan, who has been running FundsNetwork on a temporary basis since June, following the departure of David White. Shea has been at Fidelity for 26 years, including positions in Bermuda, Hong Kong, India and the UK. He also launched FundsNetwork in Taiwan. Hugh Mullan, managing director of UK D2C and retail said: "I am pleased to announce the appointment of such an experienced, long-serving and loyal Fidelity manager to the important role of head of FundsNetwork. "Pat has exactly the right blend of skills, knowledge and experience to lea...