Redington has today announced the appointment of Phil Symes as its Chief Financial Officer and an executive director to its board.
Phil took up the position on 21 August and will also become a member of Redington’s management team.
He brings with him a wealth of experience from across financial services, with an enviable reputation for an entrepreneurial mindset and for helping businesses increase efficiencies, drive sustainable growth strategies and build their presence across global markets.
Most recently, he was group CFO for the Cambridge Education Group, a position he took up in 2018. Within this role he was responsible for leading a 50-person Finance Group based in the UK, US and China as well as overseeing potential acquisitions, system solutions and growth strategies.
Prior to this, he spent two years as an independent business consultant – advising international firms on new business development, acquisition strategies and economic relocation efforts – and ten years as CFO for Visa Europe, including its sale to Visa Inc in 2016. He has significant experience of working for companies with private equity ownership including Willis Group when it was owned by KKR. He is a fully qualified Chartered Accountant through the Institute of Chartered Accountants in England and Wales (ICAEW).
His appointment follows that of Kathryn Purves as Board Chair in June, and Sandy Muirhead and James Squires from Phoenix Equity Partners as non-executive directors earlier in the year.
Commenting on the news, Redington CEO Mitesh Sheth said: “I am delighted to have Phil Symes join our management team and signal the completion of our board. I’m confident his wealth of international experience will support our ambitious plans for growth and build on the excellent platform that has been created here over the past few years. His appointment is a clear commitment to broadening our global footprint and expanding our reach in helping to make 100m people financially secure.
“I am excited to work with our expanded board and management to accelerate the growth in our consulting, global assets and technology business lines, whilst continuing to deliver the high standards of service our clients expect and an inclusive culture for our employees to thrive in.”
Symes commented: “I’m very pleased to be joining Redington. It is an exceptionally well-run business with ambitious plans and a great reputation, and I’m hugely impressed with all the people I’ve met throughout the interview process. The management team has clearly striven to create an excellent working environment and with the additional strong sponsorship of Phoenix, I am sure that the company will continue to thrive.”