– UK, Manchester – AJ Bell plc (LON: AJB), one of the UK’s largest investment platforms, today announced the appointment of Fiona Clutterbuck to its Board of Directors as non-executive Chair effective from 1 May 2023, to succeed Baroness Helena Morrissey who will step down from the Board.
Michael Summersgill, CEO, said: “I am delighted that Fiona will be joining the Board. Fiona has a wealth of experience in our sector and will be able to support and challenge the executive team whilst leading the Board as we continue to grow the business.”
Fiona will also join the Nomination Committee, as Chair and the Risk and Compliance Committee and Remuneration Committee as a member.
About Fiona Clutterbuck
Fiona Clutterbuck was previously a non-executive director of Hargreaves Lansdown plc, was the chair of Paragon Banking Group plc until September 2022, and is currently a non-executive director of Sampo plc and Co-operative Bank plc. Fiona is also the senior independent director of M&G plc but intends to step down from that role after the company’s AGM on 24 May 2023. In her executive career, Fiona was Head of Strategy, Corporate Development, and Communications at Phoenix Group plc, previously holding banking roles with ABN AMRO Investment Bank plc, HSBC Investment Bank plc, and Hill Samuel Bank Limited.
Fiona Clutterbuck commented: “AJ Bell is a business I’ve long admired for its innovation, customer focus, and commitment to delivering great value to customers and advisers. Its dual-channel business model is a real strength in the investment platform market and the business is very well-positioned to take advantage of the structural growth drivers in the sector. I look forward to working with Michael, the rest of the Board, and the executive team to ensure the business takes advantage of the growth opportunities.”
About AJ Bell
Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets.
We aim to help people invest by providing them with easy access to Pensions, ISAs, and General investment accounts, great customer service, and competitive charges.
Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our range of AJ Bell funds.
In the D2C market, we also offer Dodl by AJ Bell, a low-cost investment app with a simplified investment range that makes it easier for customers to choose investments and buy and sell them without paying any commission.
For D2C cash savers we offer a Cash savings hub which provides access to a range of competitive savings accounts to help people manage their long-term cash deposits.
AJ Bell is headquartered in Manchester, UK, with offices in London and Bristol.
Source: https://www.ajbell.co.uk/
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