Persson steps down from WPS chairman role

The Tamar Bridge in Plymouth

Richard Persson, chairman of Walker Persson & Spargo (WPS) has stepped down from the role and left the company.

Mr Persson, who co-founded the Plymouth-based broker in 1968, left the company at the end of June 2012.

He has been involved in the insurance industry for over 50 years and is a former president of the Insurance Institute of Plymouth, chairman of the Western Region of the British Insurance Brokers' Association and was a director of the trade body's main board for four years.

During his chairmanship of the company, he assisted in a successful management buy-out by the current owners.

The firm

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