Powerwrap makes redundancies in sales and marketing

Powerwrap has made redundant Julian de Crespigny, their head of transaction revenue. A spokesperson for the organisation confirmed the news to Industry Moves.

de Crespigny joined Powerwrap more than seven years ago as head of intermediary desk. Before that, he was a director at BT Financial and Merrill Lynch.

Wes Gillett, who was Powerwrap's head of sales, also departed the organisation earlier this month. Industry Moves understands that the entire sales and marketing team was made redundant. The spokesperson for the organisation did not provide confirmation or comment.