(Alliance News) - Curtis Banks Group PLC on Tuesday said it has appointed Peter Docherty as interim chief executive officer and as an executive director, pending regulatory approval.
Docherty will take up the post at the Bristol, England-based self-invested personal pensions provider with immediate effect.
Additionally, David Barral will revert to the role of non-executive chair following Docherty's appointment. He has served as executive chair since August, and will take up his new position effective February 1.
Docherty has over two decades of experience in financial services, and was most recently chief executive and managing director of Embark Platform, Curtis Banks noted.
He was responsible for leading a "significant increase in customers and assets" under administration driven by organic growth and integration initiatives, it added.
"Peter is a highly capable senior executive with an impressive track record in leadership, transformation, operations and delivering results. He joins us at an exciting time as we work towards the completion of the acquisition by Nucleus," said David Barral.
"Having an experienced CEO at the helm is an important step in strengthening our leadership team and allows me to step back into my role as non-executive chairman."
Docherty added: "Curtis Banks has been at the forefront of retirement solutions in the UK wealth market and has the capabilities, competitive position and talent to build momentum and capitalise on the opportunities that exist in its core market segments. I am delighted to lead the business through the next stage of its growth journey."
Shares in Curtis Banks were up 0.3% to 341.00 pence each in London on Tuesday afternoon.
By Greg Rosenvinge, Alliance News reporter
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