David White exits Fidelity FundsNetwork

Head of FundsNework David White is to leave Fidelity after ten years with the company.

He will be replaced by Hugh Mullan, who will manage the platform in addition to his position as head of Fidelity's UK defined contribution and retail business. Paul Richards will become deputy head of FundsNetwork, as well as take up his existing position as head of FundsNetwork sales, pending the appointment of a long-term replacement for White. Mullan said: "It is with regret that I have accepted David's decision to move on after ten successful years with Fidelity. "David has led FundsNetwork with skill during a key period leading up to the RDR. He leaves the business extremely w...