Robin Hindle Fisher, chief executive officer at UK fund manager Phillips & Drew, is taking a year's leave to study for a masters degree at the London Business School.
Paul Yates, global head of strategic planning and communication at P&D, succeeds Hindle Fisher and will become chief executive from September 1.
Yates has been with the firm since 1985 and has held a number of senior positions including head of UK equities and head of client and business development. He spent nine years as a member of the management team at P&D before moving on to a global role.
Hindle Fisher - who has been with P&D since 1992 and CEO since March 2000 - will return to the firm by September 2002.
Commenting on his move, he said: This is something that I have been wanting to do for some time.”
By Madhu Kalia
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In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
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Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?