Embark sees wave of resignations

Last month, the firm also hired Nicola Megaw to its executive team to head up its investor relations activities and assume the role of group general counsel.

She joined from Nucleus Financial Group where she held a similar executive role as chief legal officer and company secretary. 

She was also a director of its pension trustee company.

Earlier this year (February), Embark carried out a significant reshuffle of its business and moved to a single executive team to manage all of its pension activities.

As a result, Embark appointed Paul Downing, who was managing director of Embark Services, as chief executive of pension activities including Rowanmoor Sipp, Rowanmoor Ssas, EBS Pensions and Hornbuckle.

But this shake-up caused the resignation of David King, managing director, and Wayne Barlow, Sipp operations director at Rowanmoor Executive Pensions.


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