The chief executive of UK-based financial advisory business LEBC Group, Jack McVitie, has temporarily relinquinshed his duties after falling ill.
He is currently undergoing medical treatment, and his doctors have advised him to take some time off to fully heal and support his recovery.
No details regarding his illness have been made public.
The firm has informed the Financial Conduct Authority (FCA) of McVitie’s leave of absence and requested that his senior manager function be suspended.
His responsibilities will be shared among senior management staff, for the time being, until he is ready to go back to work.
LEBC said it provided information about McVitie’s health situation because “changes on the FCA register can have a tendency to create alarm”.
He founded LEBC in 2000 and, on top of his chief executive role, he is also a director at LEBC Holdings.
