The Openwork Partnership also announced the appointments of Andrew Fry as head of adviser recruitment, David Owen as wealth proposition director and Erica Mandryko as chief of staff.
Bowden joins Openwork from a similar role with Compare the Market at the BGL Group, and will succeed Mitchener as chief risk and compliance officer when he retires later this year. Mitchener will continue to support Openwork on a consultancy basis and will also become chairman of the trustees of The Openwork Foundation.
The Openwork Partnership is one of the UK’s largest financial services providers with over 4,300 financial advisers.
Before he was at BGL Group, Bowden had a 14-year career with Prudential where he held a series of senior risk and compliance roles. At Openwork he will report directly to the chief executive Philip Howell (pictured).
Fry, who joins to consolidated Openwork’s adviser recruitment programme, has come from St James Place where he had similar responsibilities.
Owen joins Openwork from Lifetime Connect, the largest strategic partner in Quilter Financial Planning, following a career with both Legal and General as well as HSBC Global Asset Management.
Mandryko has been with Openwork for seven years. She will join the executive team, reporting directly to Howell,
She will retain her general counsel and legal responsibilities for the firm as well as sponsoring Openwork’s corporate and social responsibility (CSR) and environmental social and governance (ESG) agendas.
Howell said: “I am looking forward to working with David, Andrew and Stuart who all have exceptional and relevant experience to help the firm deliver on its strategy – and I am pleased that we’ve identified and promoted talent from within with Erica’s new role.
“I would also like to thank Paul for his unstinting support in guiding Openwork through some of its most challenging years and for showing us all the way as a role model of our values. I am pleased he will remain involved with the firm in his new role as chair of the Openwork Foundation.”