New managing director at Origo

The chief executive of Origo, the Edinburgh-based financial services e-standards body, is to retire at the end of March.

Sandy Neilson has led the firm for 11 years and intends to pursue a mix of non-executive and other interests both in the financial services arena and further afield.

Neilson will be succeeded at Origo by fellow executive, Paul Pettitt, who will take overall charge as managing director on April 1. Currently Pettitt is responsible for all of Origo&#39s standards, including strategic financial and operational activities. Pettitt set up Origo&#39s standards operations in January 1998, and was elected to the Origo board of directors in November 1998.

Neilson says: “After 11 fascinating years at the helm of Origo, I felt it time to explore pastures new, both in the UK and beyond. In Paul Pettitt, I know that I will be leaving the organisation in a dynamic, highly capable and respected pair of hands.”