Group director Geoffrey Clarkson is to leave Tenet Group in the early to mid-part of next year.
Clarkson, a regulatory lawyer, joined the group at the time of its MBO in 2000 when he moved across as part of the acquisition of IFA Professional, a support services proposition which Clarkson developed while a partner for Bond Pearce.
Since then Tenet has extended its services to the directly-authorised sector as well as launching a mortgage network and asset management company.
In addition he helped the group to attract investment from Tenet’s current four institutional investors.
Clarkson said: “It has been very satisfying to be able to contribute to the success of Tenet over the last decade. However, I have other ambitions that I wish to pursue and have decided now is the time to explore some of those opportunities in another environment. I believe that I leave Tenet in a strong position, both financially and operationally.”
Martin Greenwood, executive chairman, added: “Geoffrey’s expertise and professionalism have ensured that Tenet has a sound financial and regulatory base.
“His enthusiasm and commitment have helped transform the group and facilitated the development of a more professional advisory sector. We shall miss his contributions, but understand the reasons for his decision and wish him well.”