The chief executive is to leave after almost a quarter of a century with the firm

The chief executive officer of UK-listed private debt fund manager Intermediate Capital Group is to retire, the company announced on March 23.

After 23 years with the company, Christophe Evain, CEO and chief investment officer, will pass his responsibilities to Benoit Durteste at the company's annual general meeting on July 25, 2017.

Intermediate Capital Group chief Evain to retire

Elizabeth Pfeuti

Intermediate Capital Group

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Dale Walsh will accelerate growth of the private bank and wealth management’s lending business

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Pedro Guazo, who joins in August, will also oversee the $1.3tn asset manager’s responsible investment platform globally

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