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LONDON (Alliance News) - Mortgage Advice Bureau Holdings PLC on Monday said Chief Operating Officer David Preece will retire on July 1 and will become a non-executive director.
The consultancy company said Preece's retirement comes after a career spanning over 41 years in financial services, including the last 15 years as an Executive Director of Mortgage Advice Bureau.
"I have long valued David's wise counsel, deep insights, judgement, and thoughtfulness, combined with his warm sense of humour. His commitment to Mortgage Advice Bureau is evident, and I am delighted that he will remain on the board as a non-executive director upon his retirement," said Chair Katherine Innes Ker.
Mortgage Advice Bureau shares were trading 1.5% lower on Monday at 580.00 pence each.