Cofunds poaches Suffolk Life boss Hobbs for MD role

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Cofunds is to hire Suffolk Life's David Hobbs as managing director of operational services in the latest shake-up at the platform.

Hobbs, currently MD at Suffolk Life, will be working alongside the platform's new CEO Chris Last, and is a replacement for Stephen Mohan whose departure from the business was announced a few weeks ago. The platform said today Hobbs - who had a number of roles at Suffolk Life before becoming MD three years ago - will work with Mohan to ensure there is a smooth handover. Cofunds has seen its management team completely overhauled in the wake of its full takeover by L&G, with current chief executive Martin Davis to exit imminently. Earlier today it emerged Verona Smith, Cofunds marketi...

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