Wealth supervisor St James’s Place (SJP) has recruited Caroline Waddington from UBS to be its new chief monetary officer (CFO).
She is going to be a part of the board and succeed Craig Mild who’s retiring from the enterprise.
Her appointment is topic to regulatory approval.
She is going to obtain a primary annual wage of £625,000 and a pension allowance of 10% of wage. She can even be capable to be a part of the corporate’s annual bonus and long-term incentive plans which may considerably enhance her earnings.
Ms Waddington is ready to hitch SJP within the second half of the 12 months when Mr Mild will step down as a director of the corporate. He’ll stay with the enterprise for a brief interval to facilitate an handover.
Mr Mild has been with SJP since 2016 and has been CFO since January 2018.
Ms Waddington joins from UBS the place she was CFO for the group’s UK Credit score Suisse entities, in addition to chief working officer for Credit score Suisse Worldwide.
Previous to UBS she was CFO for UK and EMEA at Credit score Suisse, and earlier than that held senior finance roles at Barclays Capital, RBS and Deutsche Financial institution. She is a Chartered Accountant and commenced her profession at Coopers & Lybrand.
SJP CEO Mark FitzPatrick mentioned: “It has been a pleasure to work alongside Craig since I joined the enterprise, and I’m grateful for his help. On the identical time, I look ahead to working with Caroline as Craig’s successor as we glance to the longer term with confidence.”
Mr Mild mentioned: “I’ve completely loved the final eight years at SJP, and I look ahead to seeing it thrive sooner or later because the clear market chief in such an essential sector of UK monetary providers.”
Ms Waddington mentioned: “I’m delighted to be becoming a member of SJP as Chief Monetary Officer. As a powerful believer within the transformative energy of economic recommendation, I’m excited to be becoming a member of the UK’s main monetary recommendation enterprise and contributing to its future success.”
