Ken Davy, founder and chairman of adviser support company SimplyBiz, is to step down to become deputy chairman next year in a senior executive reshuffle.

Sir Adrian Montague, chairman of Aviva, is to retire this year once a replacement is found.

Law firm partner Richard Cranfield is to take over as chairman of platform Transact’s parent company Integrafin from next week, the company confirmed today.

The Association of British Insurers has named Allianz Insurance chief executive Jon Dye as its new chair following the sudden resignation of Amanda Blanc last week.