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Mann quits Bankhall for Skandia development role

Bankhall chief executive Peter Mann says the firm will search externally for the “special person” to drive the business forward following his decision to join Skandia as chief development officer.

Mann revealed this week he is to leave the support services company after seven years to join Skandia, which owns Bankhall. He took over as chief executive of Bankhall in August 2005 after the resignations of joint chief executives Simon Taylor and Paul Hogarth. He says the firm has been completely relaunched.

He will leave after the Bankhall conference next week and says he is confident of the management structure in place.

Mann says: “With the retail distribution review showing a very clear direction of travel, all IFA firms, networks and support service providers need to prepare their business models for the future, which is a huge job. The firm needs a special person who will lead it through this journey.”

At Skandia, Mann will be responsible for marketing strategy, sales and communication.

Bankhall chairman Mike Gordon says: “The legacy he leaves is one he can be truly proud of.”

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