People Moves

Brown Shipley CEO Sackfield To Step Down

Josh O'Neill Assistant Editor 31 March 2017

Brown Shipley CEO Sackfield To Step Down

The UK wealth manager and private bank has announced there will be a shuffle of its leadership board.

Brown Shipley chief executive Ian Sackfield will step down after spending more than eight years at the helm - and the firm is on the hunt for his replacement. 

Sackfield joined the wealth manager and private bank in 1987 and was appointed as a director in September 2001. In 2008, he became head of private banking before taking the reins of the Brown Shipley group in January 2009. 

He will remain as CEO until a new appointment is made, to ensure an orderly handover takes place, Brown Shipley says. 

After he steps down from his role as CEO, he will become a client director. In this role, he will focus solely on advising clients. 

During his tenure as CEO, the firm's assets under management have grown from £1.9 billion ($2.4 billion) to £5.5 billion .

“Ian has done a tremendous job at leading the business for over eight years as CEO and has played a pivotal role in making Brown Shipley the successful UK-wide full service wealth manager that it is today,” said David Rough, chairman of Brown Shipley. “The board and I look forward to appointing a successor in due course and building upon the strong foundations Ian has put in place.”

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