View more on these topics

Carby confirmed as new Openwork CEO

Foster Denovo’s founding executive chairman Keith Carby has been appointed as new chief executive of Openwork, replacing Stephen Leaman from October 15.

Carby began his financial services career with Hambro Life (later becoming Allied Dunbar) in 1981 where he progressed to sales director and then managing director.

From Dunbar, he then co-founded J Rothschild Assurance in 1992, helping build the business to over 700 self-employed advisers generating over £450m in premium income and with funds under management of almost £2bn.

He was chairman and chief executive at Inter-Alliance, negotiating the merger with Millfield, and was later a director of the Tenet Group, coordinating the acquisition of Berkeley Independent Advisers network.

Openwork chairman Paul van de Geijn says: “I am delighted that we have been able to secure such a talented individual to lead Openwork through its next stage of growth and development. Keith brings a wealth of relevant experience in financial services distribution and a reputation for driving success. I am expressly confident in his ability to deliver the company’s ambitious growth plans and to take Openwork on to be a major, stand alone distribution group.”

Carby says: “I am delighted to have the opportunity to lead the Openwork business. This is an exciting time in the distribution market place and with Zurich’s commitment to seeing Openwork as a free standing business, the potential is enormous. I am really looking forward to helping complete the business mission Stephen and his colleagues have so ably developed and to seeing all Openwork stakeholders get the rewards they deserve.”


Learning by experience

My clients and I have benefited from the Cofunds’ experience since October 2004.Before becoming an IFA, I was a broker consultant for another main wrap provider. I could see the benefits of an entire wrap solution for some clients but wrap is not the answer for everyone.Consequently, I chose Cofunds, mainly because it appeared to […]

Crackdown looming after the Rock fiasco

The panic over Northern Rock could result in the Government placing limits on how much funding can come from the money markets.Mehrdad Yousefi, director of distribution and sales at Wave and former head of intermediary mortgages at Alliance & Leicester, says he expects the Government to change the funding regime to stop a similar crisis […]

Reid all about it

Congratulations to my fellow columnist Robert Reid who is about to become president of the Personal Finance Society. Having known and respected Robert for longer than I care to remember, I believe he will achieve his target of raising the profile of the PFS and will work hard to ensure the retail distribution review offers benefits to members.

Resolution set for two Euro funds

Resolution Asset Management is setting up two funds for its restructured European equities desk. Jon Fearon will manage the international pan-European fund while Ian Ormiston will run European smaller companies.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm