The Investment Association’s (IA) chief executive Daniel Godfrey has stepped down from the trade body. He held the position for three years since December 2012.
The association said that Guy Sears, currently director, risk, compliance and legal, will assume the role of interim CEO until a permanent replacement is found.
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Helena Morrissey, Chair of The Investment Association, said: "During his time Daniel has driven a number of important initiatives, including the transformative merger with ABI Investment Affairs.
"His commitment and passion for our industry is widely admired by all those who have worked with him. We owe him a great debt of gratitude and wish him the very best for the future."
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