IA announces interim replacement for ousted CEO

 Investment Association director risk, compliance and legal Guy Sears is taking on the role of interim chief executive following Daniel Godfrey’s resignation from the post yesterday amidst a furore over members’ views on the organisation’s strategy.

Sears will take the role until a permanent replacement is appointed.

Investment Association chair Helena Morrissey says: “The Board would like to thank Daniel for his significant contribution to the Investment Association. During his time Daniel has driven a number of important initiatives, including the transformative merger with ABI Investment Affairs. His commitment and passion for our industry is widely admired by all those who have worked with him. We owe him a great debt of gratitude and wish him the very best for the future.”