Rathbone Brothers chief executive Andy Pomfret is to retire on 28 February 2014 after almost a decade in charge of the wealth manager.
Pomfret, who became chief executive in 2004, will be succeeded by deputy CEO Philip Howell on 1 March 2014. Howell joined Rathbones in March 2013, having previously been CEO of Williams de Broe. Pomfret, meanwhile, joined Rathbones in 1999 as finance director. "I have had a fascinating 14 years at Rathbones, initially as finance director and [then] as CEO, during which funds under management rose from £7.7bn at 31 December 2004 to £20.8bn at 30 September 2013," Pomfret said. "Having recruited my successor, I believe it is now time to use my experience as both a CEO and a non-exe...
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
