AJ Bell's Helena Morrissey to step down as chair over disagreement on CEO Andy Bell's role

'Risk to effective board governance'

Eve Maddock-Jones
clock • 2 min read

Investment platform AJ Bell's chair Helena Morrissey will be standing down from the board after less than a year in the role.

Morrissey joined the board back in 2021 and became chair at the beginning of this year. In a stock exchange announcement this morning (27 September), senior independent director Evelyn Bourke at the firm, said that both parties were "unable to agree our preferred role for Andy with the FCA and Helena believes it is the right thing for her to step aside so a new chair can take the board forward". AJ Bell's founder and CEO, Andy Bell, announced he would be stepping down back in June, to be replaced by deputy CEO Michael Summersgill on 1 October. AJ Bell's Andy Bell to step down in Oc...

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