Sygnia, the asset manager and strong proponent of index-tracking investment solutions, announced on Thursday that its founder, Magda Wierzycka, would step down from her role as joint-CEO at the end of May.

Joint-CEO David Hufton will take over as sole CEO of the company with the full support and confidence of its board of directors from June 1, Sygnia said in an e-mailed statement on Thursday. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now