The Private Finance Society has appointed skilled monetary companies CEO Piers White as its first unbiased chair, a brand new function created by the organisation following its inner governance evaluation accomplished final 12 months.
Mr White shall be joined on the PFS board by two new administrators, whereas Christine Elliott will depart having served because the board’s interim chair since December 2023.
Mr White is the previous UK CEO of Insinger de Beaufort Group and an skilled chair/non-executive director throughout a number of public goal organisations.
The 2 new administrators who will be part of him on the board are Monetary Planner Debbie Mitchell DipPFS and Mike Crane ACII.
Debbie Mitchell is a long-standing member of the PFS and director of Aberdeen-based Monetary Planning agency Atholl Scott Monetary Companies.
Mike Crane is a chartered insurer with greater than 30 years’ expertise working within the insurance coverage sector.
Mr White will be part of the PFS board for an preliminary three-year time period whereas Ms Mitchell and Mr Crane for one-year phrases, all efficient from 1 June.
Anthony Ward, president of the PFS, stated: “Their mixed backgrounds in monetary companies and past additional bolster the experience that we’ve made obtainable to our members over the previous 12 months.
“The appointment of an unbiased chair, accomplished via a aggressive and rigorous choice course of, was one of many key suggestions from our governance evaluation.”
We’re all trying ahead to working with Piers to raise the advantages our members expertise from being a part of our Society and advancing our mission. On the identical time, we wish to thank Christine, who has acted as a superb interim chair, utilizing her substantial expertise to offer stability and make important progress, particularly in governance. We want her nicely for the longer term.”
Dr Helen Phillips, CII group chair, stated: “I wish to add my private thanks, and that of the CII group board, to Christine Elliott for her devoted {and professional} service. We’re very grateful to her for all that she has finished over the previous 12 months, together with the best way she has inspired good governance.”
Piers White stated: “It’s clear to me that the PFS b
oard has taken nice strides ahead over the previous 12 months, and I wish to add my private due to Christine Elliott for her management and sensible counsel in current weeks.”
