Tom Bradley, president and CEO of Phillips, Hager & North has decided to leave the firm at the end of June 2005 in pursuit of new challenges.

In a statement released Friday, PH&N said Bradley’s responsibilities will be transitioned to other senior shareholders, including members of the board of directors.

Bradley joined PH&N in 1991 and has served as president and CEO for the past five and a half years.

His tenure was a time of growth for the Vancouver-based investment management firm.

During this period, assets under management have grown from $31 billion in September 1999 to in excess of $50 billion.