Hans Georgeson is stepping down as CEO of Royal London Asset Management (RLAM) after five years in the role.

Dan Cazeaux, Royal London Group’s Chief Financial Officer, will take over as interim CEO to ensure a smooth leadership transition.

Georgeson said he plans to take a few months off before returning to the investment industry in January. He thanked the company and said he is looking forward to starting a new chapter.

Cazeaux praised Georgeson’s leadership, saying RLAM has become a stronger business and brand during his five-year tenure.

Commenting on his departure:

“After five wonderful years at Royal London Asset Management, I have decided to hang up my boots and try something new.

I am immensely proud of what we have achieved together and grateful to all the clients and investors who have supported the business – the culture and colleagues here really are unique and mutuality gives a totally different meaning to customer focus.

I am delighted that Dan Cazeaux, Royal London Group CFO, is taking over on an interim basis – he knows the business well and will provide continuity and reassurance.

Whilst there is inevitably some sadness at leaving good friends and colleagues behind, it opens a new chapter for RLAM and I am sure the business will go from strength to strength.

I will be in the garden for a few months but back in the game from January so watch this space !”