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Group chief executive Ingledew leaves BBB

Stephen Ingledew has left his position as group chief executive at national IFA Berkeley Berry Birch as the firm mulls over its merger with rival Inter-Alliance.

Group chairman Clifford Lockyer will add Ingledew&#39s role to his responsibilities while finance director Craig Butcher, who had been due to step down later this year, will stay on in a role that encom-passes broader commercial responsibilities.

BBB says Ingledew has left the company by mutual consent. The news comes days after the firm announced it had wound up subsidiary Berry, Birch & Noble Financial Services, dumping potential liabilities on the Financial Services Compensation Scheme.

Ingledew is understood to be considering a range of offers from the IFA sector and says he expects to be taking up a new role in the near future.

He joined BBN in 2000 after periods at Frizzell, NPI/AMP and Schroders, where he was head of retail marketing.

Ingledew says: “Now is the right time for me to move on. I intend to be part of a team which genuinely wants to reshape the IFA sector.”

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