The managing director of Origo will retire in eight months after 28 years with the not-for-profit company.
Paul Pettitt was recruited in 1989 and worked in marketing and IT before joining Origo’s board in 1997 and becoming MD in 2003.
He will now step down at the end of February 2018 as he prepares for retirement.
Mr Pettitt, who started his career as an actuary in Scottish Mutual’s pensions department, said: “It has been a real privilege to lead a fantastic team of people at Origo and to have been able to help our customers deliver digital services that have made such a positive impact for the consumer and their financial advisers.
“Origo has enabled me to work with senior executives on the Origo board, our customers, and at a policy/strategy level engaging with trade bodies and government, to ensure our industry delivers key digital services for the benefit of consumers and financial advisers.
“Whilst I will miss such a rich daily tapestry, I am ready for new challenges and I am sure that Origo will continue to prosper and go from strength to strength under new leadership.”
Origo is owned by a number of financial services groups, including Aegon, Aviva, MetLife, Royal London and Standard Life, to deliver services such as its Options transfer service.
Iain Duffin, chairman of Origo, said: “On behalf of the Origo board and myself, I wish to thank Paul for his valuable service and commitment over his time with Origo.
“Under Paul’s leadership, Origo has won a number of prestigious awards for technical innovation and service during his tenure. I wish Paul and his family all the best in the future.”
damian.fantato@ft.com
