Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Numis chairman Sir David Arculus to stand down

Numis chairman Sir David Arculus is to step down.

Arculus, who has held the role for five years, will be replaced by Gerald Corbett in May.

Corbett joined the board in May 2009 as a non-executive director and has also served as a member of the Audit & Risk Committee, the Nominations Committee and the Remuneration Committee.

Arculus told the market: 'It has been truly absorbing to be part of Numis over the last five years, which has been both challenging and hugely rewarding.

'Through the hard work and dedication of its people, the firm successfully navigated the downturn and is now stronger than it has ever been. I wish the firm continued success in the future.'

Numis chief executive Oliver Hemsley added: 'On behalf of the Board I would like to thank Sir David for his valuable contribution and tireless dedication to Numis during his tenure as chairman. We wish him every success for the future.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
1 Comment Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Play CEO Tapes: 'we're just a bunch of white dudes sitting here'

CEO Tapes: 'we're just a bunch of white dudes sitting here'

In our brand new series, eight CEOs discuss how the industry could do a better job for female fund managers.

Read More
Your Business: Cover Star Club

Profile: how career burnout led to a family office launch

Profile: how career burnout led to a family office launch

I was burnt-out from a career in finance and had no desire to come back, says the founder of Blu Family Office

Wealth Manager on Twitter