Rathbones CFO to become chief of staff to support Investec Wealth transition

(Sharecast News) - Rathbones chief financial officer Jennifer Mathias is stepping down at the end of the year to become group chief of staff to support the integration of Investec Wealth & Investment Limited (IW&I), the company said on Friday.





The board said it had appointed Iain Hooley as Mathias's successor, subject to regulatory approval. Hooley was finance director of IW&I UK for more than a decade and was appointed CEO of IW&I UK in February this year and these responsibilities will continue during the integration period.

"During the intervening period, Jennifer and Iain will continue to work closely to ensure there is a smooth transition. Jennifer will remain a member of Rathbones' group executive committee in her new role," the company said.

Reporting by Frank Prenesti for Sharecast.com