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The Money Portal’s chief finance officer resigns

The Money Portal’s chief finance officer Peter Coleman has resigned with immediate effect to spend more time with his family.

Coleman was previously finance director of Burns-Anderson, which was acquired by Money Portal in March.

Coleman’s resignation follows that of Burns-Anderson former chief executive officer Mike Hughes and regulatory services director Chris Blakeley.

Blakeley’s departure was due to the overlap in responsibilities between his position and that of Money Portal group head of compliance Colin Burchill-Crooks.

Money Portal group managing director, Chris Edge says: “We are sorry to lose someone of Coleman’s calibre, but we respect his decision to spend some time with his family. We would welcome him back to Money Portal should he ever wish to return after his chosen sabbatical period.”

Peter Coleman says: “I joined Burns-Anderson in 2002 when it was really at rock bottom. It had breached its Financial Services Authority solvency ratios, was persistently loss making and was weeks away from having its permissions revoked.

“To take it to the proud position it is today within the outstanding Money Portal stable and having delivered over £14m to our erstwhile shareholders has been the greatest achievement of my career and although I intend to take a well-earned break I do not intend to stop here.

“The opportunity with Money Portal was a terrific one – the prospect of working with people of the calibre of managing director Chris Edge and chief executive officer Richard Craven was tempting and we have discussed the possibility of a return at some point in the future.”


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