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(Alliance News) - Pollen Street PLC on Monday said Lucy Tilley will join the company as its next chief financial officer, succeeding Julian Dale.
The London-based asset manager said Dale will step down after five years as CFO following the publication of its 2023 financial results.
Tilley is joining Pollen Street from Mortgage Advice Bureau Holdings PLC, where she has been finance director since 2015 and CFO since 2019, Pollen Street said.
Mortgage Advice separately on Monday announced Tilley's departure, with Chief Executive Officer Peter Brodnicki saying she is leaving the firm "in the strongest shape it has ever been in."
Tilley will remain with Mortgage Advice Bureau for six months to "support a transition" until a replacement is found.
Mortgage Advice Bureau said it has begun to search for a successor.
Commenting on her appointment, Pollen Street CEO Lindsey McMurray and Chair Robert Sharpe jointly said: "Lucy brings a wealth of experience, which will help drive the group through its next phase of growth."
Shares in Pollen Street were up 0.9% at 613.44 pence each in London on Monday morning. Mortgage Advice Bureau was up 3.6% to 814.00p.
By Sabrina Penty, Alliance News reporter
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