Baker Tilly CEO exits following Towry takeover

National wealth manager Towry has announced a management shake-up following its acquisition of Baker Tilly Financial Management, which will see the latter's chief executive John White exit.

White, who has been assisting with the integration of Baker Tilly Financial Management into Towry, will leave at the end of June together with fellow Baker Tily men Mike Toole, head of financial management operations and Charles Haygarth head of compliance. John Porteous has been appointed as head of client proposition at Towry and will sit on the executive team. Porteous, who joined Towry as part of the recent acquisition, was previously head of wealth management at Baker Tilly Financial Management. He has also worked at Macquarie Bank and BDO Stoy Hayward Investment Management. H...