Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Heartwood chief Simon Lough steps down

1 comment
Heartwood chief Simon Lough steps down

Heartwood chief executive Simon Lough is to step down from his role.

He will be replaced by Heartwood director Tracey Davidson, subject to regulatory approval.

Lough (pictured) said that he had taken the decision to step down one year since Heartwood was bought by Handelsbanken.

'I will be staying with the company my brother David founded, and I have helped to build. However, as we begin to draw more on technological and other support from Handelsbanken to deliver the service enhancements our clients are requesting, it makes sense that this work is led by someone with close working knowledge of both Heartwood and Handelsbanken.'

Davidson joined Handelsbanken in 2003 and more recently spent three years as head of the bank’s regional bank, Northern UK. She added: 'It is a privilege to take on this role, having been closely involved in the merger and, since then, working within the management team to start to realise Heartwood’s potential within the Handelsbanken group.'

Heartwood's management structure remains unchanged.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter