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.

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
Play Taxicab Tenner: AXA IM's Nicolas Trindade

Taxicab Tenner: AXA IM's Nicolas Trindade

After a summer break, it is the turn of AXA Investment Manager's Nicolas Trindade to give a £10 view of how fixed income is faring.

Play Wealth Manager Olympics: the Relay

Wealth Manager Olympics: the Relay

In the final round of the Wealth Manager Olympics, our intrepid athletes team up for the relay.

Play Wealth Manager Olympics: the Shot Put

Wealth Manager Olympics: the Shot Put

After busting a gut in the 100m sprint, our wealth manager Olympians displayed their brute strength in the shot-put.

Read More
Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter