Martin Davis has been appointed as CEO of Cofunds and will take up the position in the Summer.
For the [past two years Davis has been the CEO of Openwork and recently led the company in its successful corporate restructure. During his 20 years in financial services he has held executive management, strategy and distribution roles for a diverse range of companies including Reuters, Misys/Sesame and Zurich Financial Services. This experience will enable him to lead Cofunds as it develops its proposition to fully support advisers in the lead up to, and through the introduction of, the RDR.
Cofunds’ current CEO Charlie Eppinger (pictured), who has led the continued implementation of the platform’s strategy over the last ten months, will remain as Chairman of Cofunds Ltd. Eppinger who has been Chairman or CEO since 2003 will play an active role to ensure a smooth and effective transition.
Eppinger says: "We’re looking forward to welcoming Martin into the Cofunds team. He brings with him a broad range of relevant experience and is supportive of the direction and strategy of the platform to-date and the plans we’ve set out going forward.
“There’s a real sense of energy and excitement in the business at the moment that’s testament to our people and the strategy we’re pursuing.”
davis says: “The RDR has redefined the financial landscape and platforms have a pivotal role to play in supporting financial advisers and intermediaries as they look to reduce risk and increase efficiency. The team at Cofunds has put in place a sound strategy for the next few years which includes ensuring that the platform is able to support advisers through the RDR.
“I’m looking forward to picking up the reins and seeing Cofunds through this significant industry milestone and beyond. It’s an exciting time to be joining the business.”