By Harry Wilson, City Reporter (Banking) Published: 6:15AM GMT twenty-six February 2010
Mr Stewart, who is additionally a hold up racehorse owner, pronounced he would be dropping his comparison manager duties at Cenkos, that he founded in 2005, to concentration on his free substructure and outlay time with his family.
Simon Melling, Cenkos arch executive, pronounced in a matter announcing the broker"s monetary formula for last year that Mr Stewart would sojourn a non-executive emissary authority of the firm.
Lars Von Trier: Antichrist? Or only anti-women? Television critics preference - Special Needs Pets (Channel Four) Thursdays TV & air wave choices Amputee and paralysed British soldiers get behind in to competition at US Olympic precision stay Parents of rugby player in Dignitas assisted self-murder will not face chargesHe said: "Without Andy there would be no Cenkos, and we know that everyone in the association will stick on in expressing their thankfulness for his prophesy and determination."
In an additional comparison change, authority John Hodson pronounced he would be stepping down from the post at the Cenkos annual ubiquitous assembly to be transposed by stream non-executive senior manager and former arch comparison manager of Standard Chartered"s Hong Kong business, Peter Sullivan.
Profits at Cenkos jumped 47pc last year as the organisation lifted scarcely �1bn for the clients on the behind of rising tellurian equity markets.
Profits prior to taxation at the attorney increasing to �7.5m in 2009, whilst revenues increasing 64pc to �46.5m as Cenkos enjoyed a fender year underwriting �951m of equity deals for the especially small and medium-sized UK clients.
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