UK financial planner Paradigm Norton has appointed Phillipa Hann as its new CEO in succession to co-founder Barry Horner, who is also a former chair of the global CFP Financial Planning standards body, the Financial Planning Standards Board.
Hann (pictured) has been a non-executive director of Paradigm Norton for the past 18 months after a legal career mostly with Clarke Willmott that including leading a team of 120 people as head of litigation. She will take up the role in April 2025, subject to regulatory approval.
In March 2019, Paradigm Norton transitioned to employee ownership but the board recognised the need for a comprehensive leadership succession plan.
With guidance from an external corporate governance expert, Paradigm Norton’s main board, the Employee Trust Board, and its Executive Committee have all undergone an extensive review in the search for a new CEO.
As the current chief executive, Barry Horner, approaches his 65th birthday, the rigorous selection process concluded with the board’s unanimous decision to appoint Philippa Hann as the new CEO.
Hann said: “My journey into the financial services sector has been developed over two decades as a lawyer and is driven by a deep commitment to excellence, integrity, and client satisfaction. I believe that the core values of both law and financial services are closely aligned – trust, precision and a relentless pursuit of the best outcomes.”
Horner, who turns 65 next June, will remain as chair of the main board and will work part-time, focusing on attracting new clients to the business.
He added: “Philippa brings a wealth of knowledge of the profession, strong leadership skills, and a passion for client service. I am hugely confident that she will guide the firm towards continued success and exceptional service delivery – the hallmark of our relationship with clients.”
Horner will remain as chair of the main board and will work part-time, focusing on attracting new clients to the business. The firm said this “planned and smooth transition” aims to ensure its continued dedication to outstanding client service.
Paradigm Norton has offices in Bristol, Torquay and Exeter as well as London.
