Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Charles Stanley’s head of compliance retires

Charles Stanley’s head of compliance retires

Charles Stanley director and head of compliance Venetia Malpas is taking early retirement.

In the interim period Ben Money-Coutts, Charles Stanley’s chief operating officer for financial Services has taken over, supported by Peter Kelk, a senior secondment introduced by the firm’s internal auditors Grant Thornton.

Money-Coutts confirmed the firm was looking externally for a replacement.

Malpas had joined Charles Stanley upon the firm's acquisition of Shaw & Co in December 1997.

She assumed the position of deputy compliance manager until the retirement of her predecessor Eric Hurrell, in March 2003, and was appointed to the operating board of Charles Stanley as director of compliance for the whole group on 1 April 2003.

Chairman and managing director Sir David Howard (pictured) told Wealth Manager: ‘Venetia will continue to provide assistance to the board on a number of special projects for the foreseeable future.

‘The board would like to publicly thank Venetia for her many years of dedication in the compliance director role, during a period of profound change in our industry, and will look forward to using her experience in some of the special projects she will be undertaking.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: why Patronus Partners' founder left the only job he ever knew

Profile: why Patronus Partners' founder left the only job he ever knew

'There was a definite idea of how things would work out over 12 months. When we look back, that was inaccurate'

Wealth Manager on Twitter