Fidelity's UK managing director Mullan to exit in April

Fidelity Worldwide Investment's UK managing director Hugh Mullan is to step down in April, Investment Week can reveal.

Mullan (pictured) will be replaced on an interim basis by Jim Burton, currently chief marketing officer of Fidelity Investments' trillion dollar personal investing business. A veteran who worked at US firm Charles Schwab before joining Fidelity in 2007, Burton currently manages Fidelity's retail customer strategy in the US. He has also worked across Fidelity Investments‘ various other businesses in the US, heading its retail brokerage and cash management service for five years between 2007 and 2012. Burton will move across from Fidelity Investments - a separate company to Fidelity ...