Former IFA Defence Union chairman Evan Owen has applied for the director general role at the Association of Independent Financial Advisers, to replace Chris Cummings.
Cummings will leave Aifa in August to become the first chief executive of TheCityUK, a new, independent membership body for promoting the UK-based financial and professional services industry. Aifa has formed an appointments committee being chaired by John Gummer.
Association of Mortgage Intermediaries director Robert Sinclair is expected to apply for the job.
Owen says his commitment to championing the importance of independent advice makes him the best candidate.
He says: “Nobody is more committed to the provision of independent advice. I do not believe Aifa members want a diplomat or administrator, they want someone who will challenge the regulator.”