Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of 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 Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Play Europe bulls, a retail boost and why a little inequality can be a good thing

Europe bulls, a retail boost and why a little inequality can be a good thing

This week’s Investment Pulse looks at whether investors should be bullish on Europe, the surprise rise in UK retail sales and if a little inequality is a good thing.

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter