Verona Smith to exit Cofunds as L&G makes more changes

Verona Smith, Cofunds marketing director, has exited the platform following its takeover by Legal & General, Investment Week understands.

Smith, who has worked at the platform for six years, was previously head of proposition before changing roles earlier this year. She has exited with immediate effect and is understood to be in talks with other companies about her next role. Smith's exit comes hot on the heels of the departure of its chief executive Martin Davis. It was announced last week that Davis - who joined the platform in June 2011 after a stint as CEO of restricted advice firm Openwork - will be leaving imminently. L&G has moved across a number of its own people after acquiring the remaining 75% stake of ...