Kevin Ronaldson appointed deputy chairman of Intrinsic

Kevin Ronaldson, chief executive of Intrinsic Financial Services, has taken on the role of deputy chairman of the IFA network, with chairman Sandy Leitch promoted to the position of executive chairman.

The restructure will mean that all four executive directors – the financial director, corporate director, commercial director and sales director – will all now report to Leitch rather than Ronaldson and the role of chief executive will become obsolete.

In his new role Ronaldson will be responsible for maintaining relationships with distributors and securing corporate development.

Wallace Dobbin, corporate director of Intrinsic Financial Services says the rejig reflects its changing business model.

He says: “The change of structure helps us to better focus on the opportunities ahead. We started of as a mulit-tie business and now we have a broader financial offering.”