Your IndustryAug 16 2022

PFS appoints interim CEO

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PFS appoints interim CEO
Don MacIntyre, interim chief executive at the Personal Finance Society

The Personal Finance Society has appointed Don MacIntyre as its interim chief executive. 

MacIntyre joins the PFS from the UK Cyber Security Council, a self-regulating body for the UK’s cyber security profession where he was interim chief executive.

As part of the role, which MacIntyre will begin this week, PFS said that he will work with the board and an executive search consultancy to secure a permanent chief executive and undertake a smooth transition in leadership early in 2023.

For the remainder of the year, MacIntyre will prioritise the annual general meeting in September and the PFS show-case event in November.

PFS president Sarah Lord said she was delighted to welcome MacIntyre with his varied and extensive experience.

“Not only will he represent and advocate for PFS members’ interests, he will also work closely with the board to preserve PFS assets and enhance our governance,” she said. 

Outgoing interim chief executive of the Chartered Insurance Institute, Jonathan Clark also welcomed MacIntyre’s appointment.

He reiterated that the CII supported the outcome of its ‘Shaping the future’ consultation in which members expressed that they wanted continued collaboration between the CII and PFS boards and a new PFS leader within the group.

“We look forward to closer collective engagement, so we have a united understanding of the challenges the professions face," Clark said. "We can then deal with those challenges in a simple, clear way."

The hunt for a chief executive was announced last month when Lord said that the role would be reinstated following its dissolution by the former chief executive of the CII in June 2021

Clark added: "The PFS is an absolutely critical part of what we do – its 39,000-strong membership is highly valued and is a great voice for advice, especially at a time when the cost-of-living crisis is impacting even the most resilient among us." 

The PFS said MacIntyre will support the board to ensure the it continues to meet its purpose, and through the CII, provide members with their statements of professional standing, contemporary training and chartered status.

MacIntyre said that maintaining public confidence and a “laser focus” on members’ interests will be a significant part of his work in the coming months.

“The PFS is a professional body that continues to grow and evolve, to support members’ ability and professionalism in providing financial advice and planning services to clients," MacIntyre said.

"The financial planning profession has an important role to play in an increasingly challenging economy and I look forward to helping further its ability to do so.”

jane.matthews@ft.com