Tenet advisers have welcomed the speed with which the network has replaced outgoing distribution and development director Keith Richards but say Helen Turner must be as vocally supportive of advisers as her predecessor.
The network announced last week Turner would replace Richards who is leaving to become Personal Finance Society chief executive. Turner is currently sales and development director of Tenet’s investment arm Sinfonia and will assume her new role in April.
Direct Financial Planning IFA Phil Cross says: “I think a large part of the reason Tenet has gone for an internal appointment is so it could get a replacement in for Keith quickly and it is good that replacement has been found in a short space of time.
“I would hope Helen is as vocal as Keith was in the industry and possesses the same diplomatic yet forthright style.”
Plan Money director Peter Chadborn says: “The quick appointment tells me this is not something which has happened overnight and the board have obviously had the chance to find the right person. Tenet’s strong point was that Keith understood the adviser industry and vocally fought our corner so that needs to continue under the new director.”
Tenet has also appointed Coventry Building Society secretary and general counsel Gill Davidson as group regulatory director and company secretary, and Phillip Hilling as a senior independent director.
Hilling was previously managing partner of Ernst and Young’s Yorkshire division.
Tenet says it will announce the appointment of a new non-executive director in the near future after Rob Waller left the role to join Aegon as executive chairman of distribution.
Tenet executive chairman Martin Greenwood says: “These changes will help ensure we are perfectly positioned to continue to give our clients the support they need in this ever-changing market, as well as strengthen the overall structure of the Tenet Group.”