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Ascentric MD Hugo Thorman to become chairman

Ascentric managing director Hugo Thorman is to take up a new role at the platform as executive chairman.

Current non-executive chairman Clive Boothman will remain on the board as a non-executive director, and the firm plans to bring in a new managing director.

Thorman will take up his new role once a successor has been found. 

Ascentric says the move is part of the continued growth of the Royal London-owned business.

Ascentric head of marketing Dominic Ventham says: “Hugo recognises there is a need to extend the scope and experience of the management team here, and the best way of doing that is to bring in a managing director and for him to take the executive chairman role.”


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