Atlantic House Group has appointed founder and CIO Tom May as chief executive following Tony Stenning’s (pictured) decision to step down from the role.
Stenning, who joined the firm in 2019 as a non-executive director, will take a career break that had been planned when he became CEO in 2020.
He previously spent 17 years at Blackrock between 1999 and 2016, where he was head of UK retail. He is also current chair of The Investing and Savings Alliance (TISA).
Stenning said: “I have enormously enjoyed my role in developing the Atlantic House Group, both as a non-executive director and as chief executive, during an important phase in its growth.”
“As I move on to pursue other interests, I will continue campaigning to demystify derivatives and make derivative-based investments accessible to a wider range of investors, enabling more people to benefit from predictable investment outcomes,” he added.
May, who took up the role of Atlantic House CIO in 2008, previously spent eight years as a trader at Citigroup Global Markets. The move follows the appointment of Mark Greenwood as deputy CIO in October.