Matthew Mead is stepping down from his position as chief investment officer at Mercia Technologies to pursue a portfolio advisory career, with Julian Viggars taking over the CIO role.

Matthew Mead (pictured), chief investment officer (CIO) at UK-based investment firm Mercia Technologies, announced on Tuesday that he is leaving his position to focus on a portfolio advisory career.

Mead will retain a part-time position as venture partner with Mercia following a transition period, during which he will ensure a smooth handover to his successor, Julian Viggars.

Mercia appointed Mead as CIO in 2015, when he joined from Welsh government-owned financial institution Development Bank of Wales – then known as…