Investment platform AJ Bell's chair Helena Morrissey will be standing down from the board after less than a year in the role.
Morrissey joined the board back in 2021 and became chair at the beginning of this year. In a stock exchange announcement this morning (27 September), senior independent director Evelyn Bourke at the firm, said that both parties were "unable to agree our preferred role for Andy with the FCA and Helena believes it is the right thing for her to step aside so a new chair can take the board forward". AJ Bell's founder and CEO, Andy Bell, announced he would be stepping down back in June, to be replaced by deputy CEO Michael Summersgill on 1 October. AJ Bell's Andy Bell to step down in Oc...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
