Phil Symes named Chief Financial Officer of Redington

04 September 2020 2 min. read
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Pensions and investment consultancy Redington has appointed Phil Symes as its Chief Financial Officer. The news comes following a string of senior appointments to the firm’s board.

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.”

Redington was founded in 2006 and provides consulting services to pension funds and other long-term savings institutions. The firm, headquartered in London, works with pension funds and other long-term savings institutions to solve their biggest problems.

Phil Symes, Chief Financial Officer, Redington

Most recently, Symes was Group CFO for the Cambridge Education Group, a position he held since 2018. The work saw him 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.

Before that, Symes spent two years as an independent business consultant – advising firms on new business development, acquisition strategies and economic relocation efforts – and ten years as CFO for Visa in Europe.

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."

Symes took up his new position as CFO on 21 August, and will also become a member of the consultancy’s management team, and an Executive Director on the Redington board. Symes' 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.

In August, Redington installed Jonathan Parker as the new Head of its DC Pensions practice.