Walker Crips has appointed Sean Lam as chief executive following Rodney Fitzgerald’s decision to step down as CEO.
Fitzgerald, who has held the dual roles of CEO and group finance director for the past 10 years, will continue in his post as group finance director as part of a phased retirement.
Lam, group managing director and CEO of Walker Crips Stockbrokers, picks up the mantle of group CEO on 6 September while chief investment officer Mark Rushton will become CEO of Walker Crips Stockbrokers, subject to FCA approval.
David Gelber, chairman, Walker Crips, says: “Rodney has done a tremendous job in leading the business for over 10 years as CEO and has played a pivotal role in managing the transformation of the group from private client stockbrokers into an integrated investment and wealth management house.
“His successor, Sean Lam, has already played a key part in the success of the group, previously as CEO of Walker Crips Stockbrokers and as group managing director with dual responsibility over group operations and technology, making him the ideal person to lead Walker Crips into the future.”
He adds: “Mark Rushton has also been instrumental in our recent rapid growth, attracting a series of new teams of advisers to the group since joining in 2012, which has changed the quality of our revenue streams and enhanced the processes and culture throughout the organisation.”