International advice firm The Fry Group has made some changes to its leadership team.
Current chief executive Jeremy Woodley will leave his current role to become chairman, effective from April 2022.
Woodley joined The Fry Group in 2005 to lead the UK team and then took the top job in 2018.
David Pugh, chief strategy and commercial officer, will succeed Woodley. The appointments will be phased in over the next 12 months to ensure a smooth transition, the company said.
Pugh managed the firm’s Singapore operations from 2010 to 2018 when he returned to the UK.
‘Growing our global position’
Woodley said: “Times and global markets change, and we have seen nothing short of a significant shift in the way we all live and work in the past 12 months. Taking up the role of chairman allows me the scope to consider broader market trends, with the aim of growing our global position as a leading independent wealth management company.”
Pugh added: “The Fry Group is an exceptional business, which for well over a hundred years has delivered outstanding work looking after people’s finances. Our ultimate aim, as always, is to ensure that The Fry Group continues to maintain its relevance and offer intelligent advice to support our clients and their families, helping each one achieve financial freedom.
“In this new phase, we’re also keen to concentrate on doing well by doing good, with a new corporate social responsibility policy and a stronger focus on the wellbeing of our team.”