Wealth manager Brooks Macdonald has promoted Andrew Shepherd, joint managing director of its asset management business, into the new role of deputy chief executive with immediate effect.
The group said it has decided to expand its senior management team to reflect the growth of the business since its IPO in 2005. Brooks Macdonald reports 13% FUM growth despite 'unhelpful Q4' Shepherd has worked at Brooks Macdonald Asset Management (BMAM) since 2002 as joint managing director of asset management alongside Nick Holmes. Following Shepherd's appointment to deputy chief executive of the group he will hand over his duties as joint MD to Holmes, who will become sole managing director of BMAM. Shepherd will work alongside Chris Macdonald (pictured), chief executive of th...
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