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.

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 French fund CEOs: 'Brexit is a lose-lose situation for all of us'

French fund CEOs: 'Brexit is a lose-lose situation for all of us'

'We'll all lose out - but London is an international city, Paris is not.' Leading French asset management CEOs tell us what they think Brexit will mean for the investment business.

Play Henderson Eurotrust's Stevenson: dealing with European cynicism

Henderson Eurotrust's Stevenson: dealing with European cynicism

Tim Stevenson talks about where he finds his opportunities in the current environment in Europe

Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Read More
Wealth Manager on Twitter