Institute of Financial Planning chief executive Nick Cann and interim chief executive Steve Gazzard have left the professional body following the merger with the Chartered Institute for Securities & Investment.
The IFP board has announced today that it has voted to formally approve the merger with the CISI, which is expected to complete on 1 November.
Nick Cann has been on long-term sick leave from his role as chief executive following his stroke in March 2013. Gazzard was appointed to lead the professional body on an interim basis when Cann went on sick leave.
IFP president Rebecca Taylor says: “Steve has done an outstanding job for the IFP over the past seven and a half years whilst Nick has made a massive contribution to the success of the IFP since he joined in 1999. Both have played such an important part in driving forward the financial planning profession.”
She adds: “The IFP board and I wish to say a very big thank you to both Steve and Nick for the massive contribution they have made to the development of the IFP and the financial planning profession. Their strong leadership, commitment and enthusiasm for the profession and the IFP in particular have been so inspiring to members, the board and IFP staff alike. We wish them well for the future in whatever they choose to do.”
Taylor adds the merger with the CISI represents a positive step for both organisations and provides significant opportunities for growth.