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PIMFA adds four new board members


The Personal Investment Management and Financial Advice Association (PIMFA), the trade association for investment managers and financial advisers, has added four new members to its Board of directors.

The new additions are: 

Mark Duckworth, served as Chief Executive Officer of Openwork Limited since 2015, having joined the company as a Commercial Development Director in 2010. He is responsible for group and distribution strategy, and oversees the development of the network’s investment fund proposition.

Duckworth says: “PIMFA is a standard bearer in our industry and its mission to enable firms to deliver the best service to clients echoes Openwork’s own. I am extremely proud to be joining its Board and look forward to adding my passion and expertise to PIMFA’s great work; enabling more member firms to advise more clients on creating and protecting their wealth.”

Peter Hall, currently the Global Head of Wealth Management for the Schroders Group. He has previously held leadership roles in Wealth Management at UBS, Barclays and Tilney. Hall started his career in Corporate Finance at Warburgs after graduating in Politics, Philosophy and Economics from Oxford. He has an MBA from INSEAD, France.

Hall says: “PIMFA is the key association for the Wealth Management industry; so I am delighted to join the Board and try to help address our key issues.”

Richard Wilson, the Chief Executive Officer at Interactive Investor. Wilson has 25 years’ experience in retail and wholesale banking and broking financial services, and spent several years with Societe Generale CIB in various roles in London, New York and Paris, including Finance, Operations, CTO and Data.

Wilson says: “PIMFA has evolved to represent a broad cross section of the financial services industry, with a growing consumer focus that is absolutely crucial. I look forward to bringing my own consumer platform perspective to the board to help shape the future direction of the sector and improve access for consumers. We must never lose sight of what this industry should be about – improving outcomes for the customer and we are fighting for this.”

Stuart Newey, the Managing Director and Head of Client Service & Delivery at Coutts & Co where he is also a member of the Executive Committee. Stuart began his career in retail banking before joining Coutts & Co in 1999. He has undertaken a variety of senior management roles across Wealth Management, Banking and Change management. Newey holds an MBA from Warwick and is a Fellow of the Chartered Bankers Institute.

PIMFA CEO Liz Field says: “I am delighted that we have been able to appoint such high-calibre candidates. Their combined experience and expertise will be invaluable to the work we are doing. We’re confident that their collective experience over the years in the financial industry will be a huge asset to PIMFA, and helping create the best, supportive, educational and informative environment for our member firms, so that they can focus on guiding individuals and families to build their personal financial futures.”

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