AJ Bell reshuffles board and adds non-executive director

Margaret Hassall joins

AJ Bell has appointed two of its board members to new positions and added a new non-executive director to the firm.

Michael Summersgill, current chief financial officer, has been appointed deputy chief executive officer with effect from 1 October 2021. In the newly created role, Summersgill will support chief executive officer Andy Bell with the "development and execution of the company's strategy to drive the future growth of AJ Bell's platform propositions". Baroness Helena Morrissey to join AJ Bell as NED and chair designate Summersgill has held the CFO role since 2011, which currently remains unfilled on his reassignment. Roger Stott, current group finance director, will take on the role ...