Beaufort Group has recruited former Institute of Financial Planning director Phil Billingham as a non-executive director, replacing David Ingram.
Ingram leaves the board after three years, having joined Beaufort on its formation in 2012.
A founder of Threesixty, he departs to spend more time providing due diligence services through consultancy Aim Two Three, which he launched in 2011.
As well as his role at the IFP, Billingham was previously vice-chairman of the Society of Financial Advisers, and also leads The Phil Billingham Partnership.
Beaufort executive chairman Simon Goldthorpe says: “We are very sad to see David go. We were very fortunate to persuade him to join us when we started the business, and his guidance, expertise and general good-influence have been invaluable in getting us to our current healthy position.
“Having worked with him over the last three and a half years it is easy to see why he has an industry-wide reputation for insight and integrity.”
“If you have to lose a non-executive director, then what better replacement than Phil Billingham? His knowledge of the market and experience in the regulatory framework is unsurpassed. He combines all that with pragmatism which makes him a very worthy replacement for David.”