Investment platform AJ Bell today announced that Roger Stott, Chief Operating Officer (COO) will be retiring and stepping down as an Executive Director of the Company on 31 December 2024.

Roger Stott joined AJ Bell in July 2008 and during his time at the company has held a range of roles including Group Finance Director and Chief Risk Officer. He was appointed to the Board in the newly created role of COO in August 2021, taking responsibility for the operational aspects of the business.

The Chief Financial Officer (CFO), Peter Birch, and Chief Technology Officer, Mo Tagari, will assume the FCA Senior Manager Function responsibilities of the Chief Operations Function (SMF 24) subject to regulatory approval. Peter Birchcontinues to serve on the Board as an Executive Director having been appointed as CFO in 2022.

Fiona Clutterbuck, Chair of AJ Bell, said:

“On behalf of the Board, I wish to thank Roger for his outstanding contribution to the Board and the Company over many years and wish him well for the future. During his time with the Company, Roger has played a significant role in the success of the business.”