IFG chief executive steps down after two years

He left with immediate effect

Carmen Reichman
clock • 1 min read

Chief executive of the IFG group, the parent of James Hay and advice firm Saunderson House, Paul McNamara, has stepped down from his role after two years.

McNamara (pictured) left the group with immediate effect and will be replaced by current group finance director John Cotter. Cotter already served as interim chief executive of the group in 2014 prior to the appointment of McNamara. He joined the board in December 2013. Cotter has twenty years of senior leadership experience in financial services companies. He spent fifteen years at Morgan Stanley in various senior roles and three years as group finance director and chief risk officer at Collins Stewart Hawkpoint. Group chairman John Gallagher said: "I would like to thank Paul for ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

How advisers can play a role in boosting wellbeing in retirement

How advisers can play a role in boosting wellbeing in retirement

A happy retirement is the 'north star'

Cecilia Furner
clock 08 November 2024 • 3 min read
Partner Insight: Embracing the future of retirement planning

Partner Insight: Embracing the future of retirement planning

Brooks Macdonald
clock 31 October 2024 • 2 min read
Pension tax rules uncertainty shows 'need to shift retirement planning'

Pension tax rules uncertainty shows 'need to shift retirement planning'

Needs to include wider considerations of capital drawdown beyond pensions

Isabel Baxter
clock 24 October 2024 • 2 min read