Who's Moving Where In Wealth Management? - Redington, Valour

Editorial Staff

4 January 2022

Redington
Mitesh Sheth, outgoing chief executive of UK investment consultancy , has been awarded an MBE in the Queen’s New Year Honours list for services to diversity and inclusion within the financial services sector.

Sheth, who stepped back from his CEO role after eight years at the firm, has long been an influential force championing inclusion and diversity across financial services.

The firm said it was one of the first in the sector to “dramatically” cut its gender pay gap – it has a mean gender pay gap of 4.9 per cent, and bonus pay gap of 3.5 per cent (lower than the industry average pay gap of 30 per cent, according to PricewaterhouseCoopers).

Valour
, a Swiss issuer of exchange-listed financial products, today said that Tommy Fransson has taken up the role of chief executive, after having been appointed in November last year. He is taking over from Diana Biggs, who will become chief strategy officer at DeFi Technologies, Valour’s parent company.

Established in 2019 and based in Zug, Valour is a wholly owned subsidiary of DeFi.