A board director at the Personal Finance Society has stepped down from his role as interim chair after five months in the role.
In an update to Companies House yesterday, the PFS stated that Andrew Briscoe was terminated as director last week (December 7).
He took over the role of interim chair in July, around the same time the PFS appointed former head of the Personal Finance Society, Edward Grant, as an institute director to the PFS board.
Briscoe was a former chair of the Money Advice Service and Indesser with more than 25 years’ experience leading firms in a variety of industries.
A PFS spokesperson said: “The PFS can confirm that Andy Briscoe left the PFS board on Friday 1 December 2023. Andy joined the Society in June, and soon was asked to take up the role of interim chairperson.
"The wider PFS board drew on his breadth and depth of experience to re-establish solid organisational and governance foundations for the Society.”
FTAdviser understands that Christine Elliot has been appointed to take over as interim chairperson.
Elliot was appointed as a director of the board at the same time as Briscoe.
She was the former chief executive of The Institute for Turnaround and Transformation and director of Bletchley Park and Catherine Seddon.
The spokesperson added: “Having led the organisation through its 2023 AGM, and with the new PFS board well established and functioning effectively, Andy felt it was time he stepped down from the PFS board to focus on other work and personal commitments.
“He wished the PFS board well, and the PFS board thanked him for his contribution and wished him well for the future.”
sonia.rach@ft.com
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