CompaniesDec 2 2015

Ingram stands down as Beaufort director

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Ingram stands down as Beaufort director

Phil Billingham has been named non-executive director of the Westerham-based financial services firm, the Beaufort Group, following David Ingram’s departure.

Mr Billingham, who is the former director of the Institute of Financial Planning, the Society of Financial Advisers and the Financial Planning Standards Board (FPSB) regulatory advisory panel, has replaced Mr Ingram.

He is a speaker on industry issues and has worked with advisers, planners and regulators in the UK, Europe, US, Canada, South Africa and Australia.

Mr Ingram, who is the past president of the Personal Finance Society, has left the board due to increasing demand at his Cheshire-based discretionary fund management firm, Aim Two Three, where he is managing partner.

He was appointed to the Beaufort board in 2012 and has been involved in seeing the business grow into a national practice with over £500m in funds under management.

Simon Goldthorpe, executive chairman of the Beaufort Group, said: “We are very sad to see David go.

“We were very fortunate to persuade him to join us when we started the business, and his guidance, expertise and general good-influence have been invaluable in getting us to our current healthy position.

“Having worked with him over the last three and a half years it is easy to see why he has an industry-wide reputation for insight and integrity.”

“If you have to lose a non-executive director, then what better replacement than Phil Billingham?,” Mr Goldthorpe said.

“His knowledge of the market and experience in the regulatory framework is unsurpassed. He combines all that with pragmatism which makes him a very worthy replacement for David.

“We are delighted he is on board as we look forward to 2016 and some exciting developments.”

katherine.denham@ft.com