Cenkos Securities adds exec team to board

Specialist institutional securities firm Cenkos Securities has appointed Mike Chilton, Paul Hodges, Joe Nally and Jeremy Warner Allen as executive directors of the company and members of the board, subject to approval from the Financial Services Authority.

The non-executive directors called for the appointments to the board to strengthen the company’s leadership, represent the interests of its shareholders and ensure regulatory governance. The four new members of the board will serve under Jim Durkin, current chief executive officer.

Taking up the role of finance director, Mr Chilton joined the company in April 2011 from National Savings and Investments where he was finance and risk director. He previously worked at Standard Chartered in a variety of senior finance and risk roles for a period of 10 years.

Mr Hodges, head of the IPO team for Cenkos Securities and one of the company’s founding shareholders, has worked at Laurie Milbank, Kitcat & Aitken, James Capel, Schroders and Collins Stewart during his 30 year career in the UK securities industry.

Mr Nally, head of the company’s natural resources team and another founding shareholder, first entered the UK securities industry when he joined Williams de Broe in 1976 as an investment analyst.

Having joined the company in 2006, Mr Allen, head of Cenkos Securities’ growth companies team, was a founding member of Beeson Gregory in 1989 and later appointed head of sales for Evolution Securities.

Gerry Aherne, chairman of Cenkos Securities, said: “Paul, Joe and Jeremy have already been significant contributors to the growth of Cenkos and I expect all of them to demonstrate their leadership as board directors in the future development of Cenkos.

“I am sure that the board will benefit from their substantial experience and expertise within the challenging climate of our industry.”