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Tisa splits operation as CEO steps down

Tisa splits operation as CEO steps down

The chief executive of The Investing and Saving Alliance (Tisa) has announced his departure from the role due to family reasons.

David Dalton-Brown will step down at the end of January after five years in the role and 13 years at Tisa in total.

During his career, Dalton-Brown has held a number of positions, including head of the Fidelity FundsNetwork platform and head of Barclays' retail investment businesses.

He has also been a partner at KPMG and is currently a non-executive director at Aegon UK, Cofunds, Scottish Equitable and chairman of Aegon investments.

Dalton-Brown said: “I am very pleased with what our team has accomplished during my time as CEO. It has been a privilege to lead and develop the business, and I will look back on my time at Tisa fondly.

“The organisation is on a strong footing for future challenges and will, I’m sure, thrive as both a leading financial services membership organisation campaigning for better consumer outcomes and a digital innovation hub for the entire industry."

According to Tisa, its operations will now be split into two parts, with the creation of two new advisory boards: one for the traditional membership business unit, which includes Tisa’s policy and events work.

The other will be its digital business unit, which includes Tisa’s digital initiatives.

Carol Knight, chief operating officer at Tisa, will take over as CEO of the traditional membership business unit, and Harry Weber-Brown, digital innovation director at Tisa, will become CEO of the group’s digital business unit. 

They will both act as co-CEOs of Tisa Group.

Knight said: “David will be greatly missed at Tisa, having been fundamental to the company for 13 years, and a fantastic colleague and friend. We wish him and his family all the best, from everyone here at Tisa.

“A new structure is already in place to make this transition seamless [...] We are ready and eager to face the future ahead of us.”

amy.austin@ft.com

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