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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.”

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