Paul Stanfield has stood down as secretary general of the European Federation of Financial Advisers and Financial Intermediaries (FECIF).
The role has been taken over by Simon Colboc which was done as part of a managed succession plan at FECIF.
Stanfield will continue to work with Colboc to ensure a smooth handover.
The change was ratified at a recent FECIF board meeting.
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Stanfield said: “I initially accepted the role back in 2014, intending to do one full term of 3 years. I have actually done a little over three terms, meaning more than nine and a half years in total – I thus felt that it was time for me to step down, not least to enable Simon’s new ideas and energy to take FECIF forward.
“Having worked with him for many years, I am sure that he will be perfect for both the role and the development of FECIF over the next few years.”
Stanfield will still remain on the board but will have reduced duties to allow him to focus further on this role as chief executive of FEIFA.
Colboc added: “I am honoured and excited to take on this role, as our industry is facing unprecedented change. I will look to inject my experience as best I can and bring together various viewpoints.”
