Barbara-Ann King has left her role as CEO of Investec Wealth and Investment, having been promoted to the position only eight months ago.
King’s appointment as chief executive of the business was announced towards the end of July 2022, and she took up the role from managing director Ciaran Whelan on 1 October.
Alongside Ruth Leas as CEO of Investec Bank, it marked the first time that the two most senior leadership positions in the UK company were held by women.
In a statement, Investec confirmed that King (pictured) has also stepped down from the board, and that she will be on garden leave until her departure from the company on 13 August.
Acting CEO Iain Hooley will continue in the role, while Whelan will also continue as managing director.
King joined the firm as CCO in October 2020 and has more than 25 years’ experience in wealth and asset management, having previously worked at Citi and Barclays Wealth.