UK-based IFA company Independent Wealth Planners (IWP) has appointed Rob Allen as group chief executive.
Allen joined IWP in November 2021 as group managing director after a senior leadership career in corporate banking.
He will succeed founder David Inglesfield, who has stepped down to become chair of IWP Investments, the group’s acquisitions company.
Separately, James Hunter has resigned as IWP’s chief financial officer and will leave the business at the end of Q1 2022.
Gordon Millar has been appointed interim chief financial officer with immediate effect.
The company did not announce if it is currently undergoing a search for a permanent chief financial officer.
Continue acquisition pipeline
Inglesfield said: “I am delighted that Rob is now taking over as group chief executive. He has an outstanding track record and has won the confidence of us all as the right person to take the business forward.
“With Rob safely on board, I will continue to support the growth of IWP, particularly by focussing on our very busy acquisitions pipeline.”
Allen added: “IWP have assembled an outstanding group of IFA businesses, staffed by an exceptional team, delivering great advice and service to clients across the country.
“It’s a great privilege to be given the opportunity to lead the business forward into the next phase of growth.”
IWP currently has 32 regulated firms nationwide, with over 100 financial planners from a total headcount of over 300.
