Redington Co-Founders Robert Gardner and Dawid Konotey-Ahulu are stepping down from their roles as co-CEOs of the UK consultancy.
The company has begun the search for a dedicated CEO to take over from the pair, who have led Redington since its creation nearly 10 years ago.
In a statement released today, the company said Gardner and Konotey-Ahulu wanted to spend more of their time working with clients and training new consultants. Redington emphasized that the pair “remain committed to Redington for the long term”.
Redington has begun the search for its new CEO, but any outsiders looking to take on the mantle may be disappointed: “An internal selection process has begun and a formal announcement will be made in due course,” the company’s statement said.
“It is important the business continues to have a clear and focused management team,” Gardner and Konotey-Ahulu said in a joint statement, “alongside an effective board and shareholder group. A dedicated CEO will further enhance governance of the business as we look to capitalize on the opportunities and meet the challenges of the next decade.”
Gardner—one of CIO’s Knowledge Brokers—and Konotey-Ahulu have acted as co-CEOs, consultants, directors, and shareholders of Redington since 2006. The pair also founded mallowstreet, an online network for pension professionals, in 2009, and regularly speak at industry events.
Last year Redington launched a campaign to encourage millennials to save more money for their futures, and the firm has backed several campaigns to improve financial education in the UK.
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