Hargreaves Lansdown chief financial officer Tracey Taylor is set to leave the firm at the end of June next year after a spell of 15 years.

Taylor has stepped down from his role as CFO and as a director with immediate effect, Hargreaves said.

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However, she will remain with the Group until 30 June 2015 to guarantee a smooth transition and to manage a number of operational projects.

Taylor, who joined the firm in 1999, became group accounting director in 2006 before taking over as group finance director and a member of the board in 2008.

The board is in search for a permanent substitute for Taylor and has named Simon Cleveland, a partner from accountancy firm Deloitte, as interim CFO.

Ian Gorham, CEO of Hargreaves Lansdown, said: "Tracey has contributed significantly to the ongoing growth and development of the Group, and in transforming Hargreaves Lansdown from a private business to the FTSE100 company."

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Taylor said: "Completion of the implementation of some significant regulatory changes this year has marked a very natural moment for me to look to the next challenge. I have made this decision, in no small part, with the knowledge that the business is in good shape with a talented team."