Cofunds boss Last to retire after six months in role

Cofunds chief executive Chris Last is to retire from the platform just six months after taking over the role.

Last, who earlier this year replaced Martin Davis as head of the L&G-owned platform, will exit at the end of October. He has been replaced by David Hobbs, the current managing director of operational services at the platform. Previously Hobbs was managing director of Suffolk Life for three years. Last joined Legal & General in 1972 as a calculations clerk, and became managing director of Legal & General's banks and building society distribution division, before being appointed CEO of Cofunds after Legal & General's acquisition in May 2013. John Pollock, CEO of Legal & General As...