Investment platform AJ Bell has announced a series of changes to its board, including two newly created roles.
Michael Summersgill has been appointed to the new position of deputy chief executive officer. Summersgill has been AJ Bell’s chief financial officer since 2011 and will take up his new role in October.
Roger Stott has been appointed to the new position of chief operating officer. Stott is currently the company’s group finance director, and will join the board in October.
In a further board appointment, Margaret Hassall will join as a non-executive director on 1 September. Hassall recently stepped down as a non-executive director at Nucleus Financial Group, where she chaired the remuneration committee, and was a non-executive director at OneSavings Bank until last year. Hassall previously worked as a consultant for Deloitte, and led the financial services consulting business for Charteris.
Les Platts, chair of AJ Bell, commented: “These changes will further strengthen the board, both at executive and non-executive level, as the business embarks on the next phase of its long-term growth. The changes, together with the planned recruitment of a new chief financial officer, will bring greater experience and diversity to the board. This will benefit all of our stakeholders and enable the board to continue to maintain effective oversight as the business continues to grow.”