National advice group Succession has hired Susan Puddephatt as its new chief risk officer to bolster its compliance teams ahead of the new Senior Managers and Certification Regime.
Puddephatt joins Succession from Tilney where she was risk director until December 2018. Puddephatt has previously served as Equitable Life’s chief risk director.
Her position at Succession is a newly created role where she will be responsible for the group’s risk management, compliance and internal audit teams.
In a press statement, Succession said its decision to create the role was a reflection of the Senior Managers and Certification Regime being rolled out to advice firms like Succession from December 2019.
James Stevenson, Succession’s chief executive, said: ‘Susan [Puddephatt] is a highly experienced executive chief risk officer and brings deep experience in risk management and regulation to the group. She has joined the Succession executive team as well as the main board.’