AJ Bell plc announced as announced when Andy Bell stepped down from the Board in September 2022, it was agreed that whilst he remained a significant shareholder he would retain the right to nominate a non-executive director to represent his interests on the Board. The board announced that this agreement has now been formalised, with the company having entered into a relationship agreement (Relationship Agreement) with Andy under which he is entitled to certain rights, including the nomination of a non-independent non-executive director for appointment to the board for as long as he and his connected persons hold a significant proportion of the company's voting rights. Pursuant to the Relationship Agreement, AJ Bell announced the appointment of Les Platts, who has been nominated by Andy, as a non-independent non-executive director of the company with immediate effect.

Les, a former Deloitte senior partner, was the chair of the Company before stepping down at the conclusion of the January 2022 AGM, having then served for more than 9 years on the Board.