Bridges Financial Services chief executive Michael Carter is to leave the company at the end of May.
Money Management understands that Carter has decided to part company with the IOOF-owned Bridges, and that IOOF has already retained the services of an external recruitment company to find a successor.
Carter’s decision to resign his position at Bridges follows on from IOOF’s decision to introduce a shared services model across the broader business, including Bridges.
Carter has been CEO of Bridges since June, 2008, when he succeeded Alex Hutchison who is now chief executive of EIS Super.
