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IN BRIEF: Intuitive Investments CIO Giles Willits shifts to CEO

ALN

Intuitive Investments Group PLC - closed-end investment company focused on technology and life sciences - Chief Investment Officer Giles Willits moves to chief executive officer, effective immediately. Willits replaces Robert Naylor, who wants to focus instead on his role as lead fund manager of recently launched Achilles Investment Co Ltd, Intuitive says. Willits is the former chief financial officer of former FTSE 250-listing Entertainment One. The change in leadership comes as Intuitive says it is considering switching to an official listing on the London Main Market from the Specialist Fund Segment.

Current stock price: 106.50 pence

12-month change: down 27%

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