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St James’s Place chief exec quits

St James’s Place chief executive Mark Lund is leaving the Group in what SJP has called a joint agreement.

Lund joined the Group three years ago and became chief executive in September 2004. He says he is leaving to seek a new challenge.

The search for a new chief executive is expected to start shortly but in the meantime group managing director David Bellamy will be taking on the role supported by group finance director Andrew Croft and group sales director Ian Gascoigne.

Lund says: “The last three years have been outstanding for the Group and I am delighted to have been part of this. I wish everyone at St James’s Place a very successful future.”

Chairman Mike Wilson says: “The Board would like to thank Mark Lund for his significant contribution and commitment since joining the Group three years ago and becoming Chief Executive in September 2004.”

St James’s place will be announcing its fourth quarter new business results on January 25.

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