Defaqto hires Patrick Gale as non-exec chairman
Financial research company Defaqto has appointed Patrick Gale as its new non-executive chairman. Gale replaces Rupert Pennant-Rea, who served as chairman for six years.
Gale has 30 years’ experience in financial services, including leadership and board experience working for IFA networks, financial technology companies and consultancies.
Previously, Gale was chief executive of UK financial services firm Sesame, and more recently, executive chairman of financial advice firm Positive Solutions and business advice/education company Origen. He has also worked for banking technology firm Misys, as well as HBOS, Aegon and Just Retirment.
“I am delighted that Patrick has joined Defaqto as non-executive chairman,” said Zahid Bilgrami, chief executive at Defaqto. “He is a highly respected financial services practitioner with technology experience. As a financial research and software company, Patrick’s experience and knowledge in these areas will be incredibly valuable.”
Founded in 1994, UK-based Defaqto specialises in rating, comparing and analysing financial products and funds.