Adviser professional body the Personal Finance Society (PFS) has appointed former CEO of private investment bank Insinger de Beaufort Group Piers White as independent chair following a governance review at the organisation.
The review was commissioned last April by the Chartered Insurance Institute (CII) to head off a rebellion that has seen several senior directors resign from the PFS board.
According to a release published today, the review was completed last year and one of the recommendations was to appoint an independent chair to oversee the organisation.
