Sears will take the role until a permanent replacement is appointed.
Investment Association chair Helena Morrissey says: “The Board would like to thank Daniel for his significant contribution to the Investment Association. During his time Daniel has driven a number of important initiatives, including the transformative merger with ABI Investment Affairs. His commitment and passion for our industry is widely admired by all those who have worked with him. We owe him a great debt of gratitude and wish him the very best for the future.”