FundsNetwork appoints new chief

Fidelity has appointed Pat Shea as head of the FundsNetwork platform, replacing David White.

White left the firm in June and was replaced by Hugh Mullan who took up the role on an interim basis.

Shea will now take on the position permanently, he is currently Fidelity head of platform operations and customer services.

Fidelity UK DC and retail managing director Hugh Mullan says: “Pat has exactly the right blend of skills, knowledge and experience to lead FundsNetwork through the exciting and challenging period ahead as we move towards the implementation of the Retail Distribution Review and beyond.”