People Moves

Board Shake-Up At Brewin Dolphin

Sally Ling, London, 22 March 2013

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Brewin Dolphin, the UK-listed wealth management and investment house, has made a number of changes to its board. Jamie Matheson has stepped down from the board after eight years
as executive chairman; deputy chairman, Simon Miller, has been appointed as non-executive chairman.

At the
same time David Nicol, previously a non-executive director, has been appointed chief executive; Stephen Ford has been
appointed an executive director, responsible for investment management and reporting
to Nicol. As a result of these
changes, Henry Algeo, Ben Speke and Sarah Soar have stepped down from the board.
Each has agreed to remain available to “facilitate a smooth transition”. Barry
Howard has also stepped down from the board, but continues to lead the
regulatory and risk functions, reporting to Nicol.

Nicol
has stepped down as chairman of the audit committee and the firm is now searching
for an additional independent non-executive director with requisite financial
experience. Once this position has been filled, half the Brewin Dolphin board,
excluding the chairman, will comprise independent non-executive directors.

All board changes take place with immediate effect.

 

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