Wealth management firm Mattioli Woods has revealed Nathan Imlach has decided to stand down from the board at the company’s next AGM on 19 October 2020, after 15 years as CFO.
The firm said Imlach will remain with the business, where his focus will be on acquisitions and contributing to its “strategic direction” as chief strategic adviser to the group.
He will be succeeded by Ravi Tara, currently group finance director, who joined the company a year ago as part of its succession planning.
The group said it will benefit from Tara’s experience of improving operational delivery and cost efficiency in previous roles with Capita plc, Weetabix Food Company, JP Morgan, Barclays Capital and PwC, which will add “real value” to its proposition as the firm positions itself for further growth.
The firm also announced the appointments of Michael Wright and Iain McKenzie to the board as group managing director and group operating officer respectively.
Joanne Lake, Mattioli Woods chairman, said: “I look forward to welcoming Ravi, Michael and Iain to the board.
“They are outstanding individuals with extensive experience as part of the group’s senior leadership team, which will allow us to capitalise on the significant market opportunities we anticipate going forward.”