Mike Evans, the chairman of British investment management firm Hargreaves Lansdown, has decided to step down after over seven years in the role.
Evans became a non-executive director on the firm’s board in 2006 and has been serving as chairman since 2009.
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Evans said that he will depart once a replacement has been appointed. The process for appointing a successor has already started, the firm said.
Hargreaves Lansdown CEO Chris Hill said: “Under Mike’s guidance, the Group has become a successful FTSE 100 business combining strong client focus with high service standards.”
Evans said: “Chairing Hargreaves Lansdown over the past eight years has been a real privilege. I have seen the group grow significantly and establish itself as the UK’s leading retail savings and investments platform.
“I believe the Group is exceptionally well positioned for the next phase of growth under the leadership of Chris Hill and I am immensely grateful to my fellow board members, the founders and all of my colleagues at Hargreaves Lansdown for their support during my tenure as chairman.”
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