DBS chief executive Nick Ansell has stepped down following the network's parent Misys IFA Services' integration of the firm into a single management and support structure.
The move will see DBS research teams moved to Mifas HQ in Oxford this month to be integrated with staff supporting the other four Misys networks. They will be followed by the sales and marketing, HR, communications and IT departments by September 1.
The business unit remaining in Huddersfield will comprise compliance, finance and operations specifically to serve DBS members although these functions will be under the ultimate control of the Mifas board.
Staff have been offered the option to relocate or alternative roles within the functions in Huddersfield.
Ansell is believed to be sailing around the world considering his options while member relations director Ian Thorneycroft, HR director Lorraine Poole and marketing manager Neil Liverstitch have left the company.
A DBS member says: “Some of the changes seem sensible on a cost-efficiency basis but they have not been reflected in the exorbitant increase in charges in the last few months. I fear that if Misys do not reconsider their approach to these increases once CP121 has been clarified, many of the quality members will leave.”
Misys head of media relations Paul Charles says: “Nick's brief when he joined DBS was to integrate DBS into Misys and now his job is done.”