Asset Management

Rathbones appoints new CFO after Investec merger

Leadership team reshuffled as wealth managers make progress on merger

Board seats must 'reflect the shape of the business post-combination' firms say
Board seats must 'reflect the shape of the business post-combination' firms say Photo: Waldo Swiegers/Getty Images

Investec Wealth & Investment's UK boss Iain Hooley will take over as chief financial officer of Rathbones as the merger between the two wealth management powerhouses continues.

The pair struck a deal to create £100bn firm in April, and have been pressing ahead with plans to bring the two businesses together under the Rathbones brand.

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