Salford-based investment giant AJ Bell plc announced some changes to its board on Friday and said it will keep the board composition under review to ensure it remains appropriate in terms of its size, independence and diversity.

Laura Carstensen, senior independent director and chair of the remuneration committee, has informed the AJ Bell board that she does not want to be put forward for re-election at the company’s 2022 Annual General Meeting in January.

Carstensen will have served on the board for just under four years.

After the AGM, Evelyn Bourke will become the company’s new senior independent director and, subject to FCA approval, Margaret Hassall will be he new chair of the remuneration committee.

AJ Bell already announced that Helena Morrissey will succeed Les Platts as chair at the AGM.

“The board will keep its composition under review to ensure it remains appropriate in terms of its size, independence and diversity,” said AJ Bell.

Platts said: “Laura has made an enormous contribution to the board during the transition from being a private company to a listed FTSE 250 one and I would like to thank her for her commitment and dedication.

“Laura leaves with our thanks and best wishes for the future.”