HML reveals incoming chairman

The former group corporate development director of Skipton Building Society will take up the reins immediately.

Cutter has been a member of the HML board for over two years, after working for the Skipton Group since 1993 in a number of executive positions.

“I’m pleased to be taking over from Steve Haggerty at a time when the company is in great shape and well placed to reach £100 billion of assets under management within the next four to five years," said Haggerty.

"The company has a great team and a sound foundation for further development and growth under Brian Brodie’s leadership.”

Elsewhere, David Grant has decided to leave HML to pursue other interests, whilst Paul Fenn, development director, becomes a member of the HML Operational Board.

The Client Relations teams will report to Neil Warman, finance director, who recently joined HML from Banc of America Securities.