View the article online at http://citywire.co.uk/wealth-manager/article/a734465
Fidelity managing director Mullan to step down in April
by Alex Steger on Feb 17, 2014 at 08:49
Fidelity Worldwide Investment UK managing director Hugh Mullan is to step down in April.
Mullan (pictured) is to take a year-long career break and is not leaving to take up another job.
He will be replaced by Jim Burton, who is currently based in the US and is chief marketing officer of Fidelity Investments personal investing arm.
Fidelity is actively seeking a full-time replacement for Mullan and hopes to have appointed someone to the position by the end of the year.
A Fidelity spokeswoman said: ‘We have initiated a search for Hugh’s successor. With Jim on board for this assignment, we are able to conduct a thorough search for a permanent candidate, and do so safe in the knowledge that the business will be managed in the interim by an exceptionally experienced and capable leader.’
Mullan joined Fidelity International in 2008 as chief operating officer for Europe having previously been managing director of Barclays Wealth since 2005. He became UK managing director of Fidelity Worldwide Investment in March 2012.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
On the road
on Jul 24, 2014 at 10:59