FinnCap founder Sam Smith steps down after 24 years
The most high-profile female stockbroker in the City has stepped down after nearly quarter of a century at the top.
Sam Smith, who founded FinnCap 24 years ago, took the decision to leave after clocking up some unbelievable hours in recent months adding that she now wanted some time to herself.
The 48-year-old the only woman to run a City stockbroker will hand over the reins to current managing partner John Farrugia in September. She will remain an adviser to the company.
Smith said: As soon as you start thinking theres an end date and youre thinking about your successor, it just seems to snowball. Thats what happened to me.
Smith, who has an eight-year-old daughter, added: Im really excited to have a break.
And finally, after 24 years, I might actually have a proper holiday where I dont have to work every single day. Smith is one of the most recognisable faces in the City and led the way for women to enter the world of stockbroking, traditionally a place for white middle-aged men.
She headed the management buy-out of FinnCap from JM Finn in 2007, just two weeks after Northern Rock collapsed and aged just 33.
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