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IFP promotes Gazzard to interim CEO

The Institute of Financial Planning has appointed Steve Gazzard, currently chief operating officer, to the position of interim chief executive with immediate effect, while current chief executive Nick Cann recovers from a stroke.

Mr Cann suffered a stroke at the end of March and IFP said he is “spending some time away from his post while he recuperates”.

Mr Gazzard has extensive experience in the financial services industry, having held a number of senior management and operational roles in the UK, across the insurance, banking and investment sectors.

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He has been working with Nick Cann, as part of the IFP’s senior management team in Bristol for the past five years.

Rebecca Taylor, IFP president, said: “Nick has worked tirelessly to develop financial planning as a profession in the UK. I am sure I can speak for all IFP members and for the large number of Nick’s friends across the profession, when I say that we very much look forward to his return when he has fully recovered from this illness.

“Steve brings a deep understanding of the IFP, the financial planning profession, and the wider financial services industry. His interim appointment will bring focus on the delivery of the agreed strategy as we progress through the second half of the year, and will allow us to develop our plans for the future.”