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John Charcol CEO steps down

John Charcol CEO steps down

Simon Knight has stepped down as chief executive of John Charcol after two years at the London-based mortgage broker.

Executive chairman Ian Darby is to take charge of the business following Mr Knight’s departure.

Mr Knight played an integral part in the John Charcol buyout from Towergate and subsequently led a major change programme of the business that included the acquisition of Simply Finance Group. 

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A spokesperson for the firm said: “Over the past two years Simon and his team have successfully laid the key foundations necessary for getting John Charcol into shape and the business can now look forward to an exciting future of significant growth. 

“Having completed this initial phase, Simon has decided that the time is right for him to move on to his next challenge, and we wish him every success.”

Mr Knight began his career in financial services at John Charcol in 1987, before going on to found packaging firm Private Label Group in 1990 and becoming chief executive of GMAC-RFC in 2007.

He returned to John Charcol in February 2015 after working in senior roles at Squarehill, Hearthstone Investments and Advanced Payment Solutions.

simon.allin@ft.com