Fintech and platform ‘engine’ provider Bravura Solutions has promoted chief operating officer Nick Parsons to be its new chief executive to take over from Tony Klim who steps down in September.

Platform and SIPP provider AJ Bell has promoted CFO Michael Summersgill to the newly-created role of deputy chief executive officer.

Australian-owned wrap platform Praemium, used by a number of UK Financial Planners, has reported a 55% rise in funds under administration for the year ending 30 June 2021.

Billy Mackay, former marketing director of AJ Bell Investcentre for 13 years, has been promoted to managing director of AJ Bell’s adviser platform.