The former head of UBS Global Asset Management’s business in the UK and Ireland has joined one of the UK’s oldest independent trustee firms in the role of director.

Financial News has learned that John Nestor will join Law Debenture in a role which will encompass both sales and marketing, and independent trustee duties. Michael Chatterton, an independent trustee in the firm's pension trusteeship division, told Financial News that Nestor would be joining Law Debenture once his contractual obligations with UBS are completed.