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The Quoted Companies Alliance (QCA), the trade organisation for the small and mid-cap quoted sector, announces that its President, Lord Strathclyde, is stepping down after more than three years in the role.

Tim Ward, Chief Executive said: “Lord Strathclyde has made a huge personal contribution to our work through his active support of our initiatives among influential circles and being a strong advocate for companies who make up the small and mid-cap quoted sector.”

Lord Strathclyde said: “Given that politics will be taking up much of my time in 2010, I feel that now is the right time for me to step down as President of the QCA.  It has been a privilege to represent the QCA, an organisation that is so active on behalf of its members.  I wish the QCA every success in the future and know that the new President will carry on the good work.”

The QCA is delighted to announce that its new President is Brian Winterflood.  Mr Winterflood is Life President of Winterflood Securities, which he founded, and was instrumental in setting up the QCA in 1992, when it was known as CISCO (The City Group for Smaller Companies).  He has been active in the City for over 50 years and has represented the interests of smaller quoted companies and growth markets for much of that time.

Tim Ward said: “We are honoured to welcome Brian as our President.  His track record is second to none when it comes to speaking out on behalf of the small and mid-cap quoted sector.  Few people have his range of directly relevant knowledge and experience and he will play an important role in shaping our future in what is likely to be a challenging period for companies.”

Brian Winterflood said: “I could not refuse this offer to become the QCA’s President as this is a cause very close to my heart.  I believe that it is this sector which is a key driver of much of our economy.  I very much look forward to supporting Tim and his team in their work.”

Mr. Winterflood takes over as President with immediate effect.

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