Former Hargreaves Lansdown chief executive Chris Hill is set to join the Quilter board as an independent non-executive director, effective from 7 March.
In a stock exchange notice today (10 January), the board said that Hill, who stepped down from his post at Hargreaves Lansdown in November after six years at the helm, will also join Quilter's audit committee and board remuneration committee.
Prior to taking on the CEO role at Hargreaves Lansdown, he also served as the firm's deputy chief executive officer for eight months, and chief financial officer from his arrival in early 2016.
Before that, he worked as chief financial officer at FTSE 250 online trading platform IG Group and as chief financial officer of global currency and payments business Travelex.
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He serves on the FCA practitioner panel and was formerly a member of the board of the Investment Association.
Quilter chair Ruth Markland said: "I am delighted to welcome Chris to the board. His deep knowledge of the wealth management industry and experience as a financial services CEO and CFO will be invaluable to the board as we continue to invest in our business and deliver our strategic ambitions."
Hill added: "I look forward to working alongside my board colleagues and supporting the management team as it continues to deliver the strategy and realise Quilter's significant growth opportunity."
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The Quilter board also said Tazim Essani and Paul Matthews have told the board of their intention to step down as independent non-executive directors of the company at the conclusion of the 2024 AGM.
Tim Breedon, senior independent director and chair of the board remuneration committee, will assume the role of workforce engagement director from 23 May 2024.
"Tazim and Paul have made significant contributions to the board, bringing a particular focus on customers, advisers and colleagues. The board is grateful to Tazim and Paul for their contribution to Quilter and wishes them well for their future endeavours," Markland added.