Investment management firm JM Finn has made several changes to the leadership team, effective 1 January 2021.

The changes to the team, which are subject to regulatory approval, include appointment of Hugo Bedford as CEO.

Bedford will succeed Steven Sussman, who will be retiring as CEO on 31 December 2020.

James Edgedale will also retire as chairman on 31 December 2020 and take up the role of Non-executive Director on the JM Finn’s board. Edgedale will remain as an investment director.

JM Finn will appoint Sussman to the board in the role of non-executive chairman on 1 January 2021, and Dominic May as chief financial officer.

Sussman said: “These changes represent a natural step in the firm’s evolution, whilst retaining continuity within the management team. I welcome Hugo and Dominic to the board and thank James for his long-standing tenure as Chairman and we both look forward to contributing to many more years of success for the firm.”

JM Finn, which is authorised and regulated by the Financial Conduct Authority, provides personalised investment management service that intends to meet the individual demands of existing private and professional investors.