Origo announces impending retirement of Managing Director

Press Release
June 26th 2017

Origo today announces the impending retirement of Managing Director Paul Pettitt, who will step down from his role at the end of February 2018 after 28 years of outstanding service to Origo and the industry.

Having been recruited in 1989, Paul fulfilled several roles in both marketing and IT before joining the Origo Board in 1997 and becoming MD in 2003.

Working with the Origo Board, he has driven the strategy that has resulted in Origo successfully transforming itself from its roots to the company it is today, delivering:

• Standards and Governance services for the whole industry through its newly created independent subsidiary;
• Market leading digital utility services that enable a wide variety of savings, investment, retirement and protection institutions and platforms to deliver much improved customer outcomes whilst achieving significant efficiencies. These services include the £110bn+ Options Transfers service and the UNIPASS digital identity for advisers.

Pettitt says: “It has been a real privilege to lead a fantastic team of people at Origo and to have been able to help our customers deliver digital services that have made such a positive impact for the consumer and their financial advisers.

“Origo has enabled me to work with senior executives on the Origo Board, our customers, and at a policy/strategy level engaging with trade bodies and government, to ensure our industry delivers key digital services for the benefit of consumers and financial advisers. Whilst I will miss such a rich daily tapestry, I am ready for new challenges and I am sure that Origo will continue to prosper and go from strength to strength under new leadership.”

Iain Duffin, Chairman of Origo, says: “On behalf of the Origo Board and myself, I wish to thank Paul for his valuable service and commitment over his time with Origo. He and his team have together built a strong and leading Company in its field. Under Paul’s leadership, Origo has won a number of prestigious awards for technical innovation and service during his tenure. I wish Paul and his Family all the best in the future.”

Paul will continue in his role for a number of months while his replacement is sought, and Origo has instructed recruitment specialists FWB Park Brown to undertake the search and recruitment process.

About Origo
Origo is the not-for-profit Fintech company dedicated to improving connectivity between financial services companies, boosting efficiencies, improving performance and reducing integration costs for industry participants, while significantly improving financial outcomes for consumers.

FWB Park Brown are pleased to be supporting Origo with their search for a new Managing Director.