Close Brothers Asset Management (CBAM) has announced the appointment of Eddy Reynolds (pictured) as its new CEO, following the planned departure of Martin Andrew.
Reynolds joins from Standard Life Aberdeen where he held a number of executive positions, most recently, managing director of Standard Life Savings.
Prior to this, he was head of investment at Lloyds Private Bank and held senior roles at Aegon Asset Management and Scottish Widows Investment Partnership.
Reynolds will succeed Andrew as chief executive officer of CBAM with effect from 7 March 2022.
Adrian Sainsbury, chief executive of Close Brothers, said: “I am delighted to announce the appointment of Eddy Reynolds as the next chief executive of CBAM. He brings outstanding experience and knowledge and will lead a talented team through the next stage of CBAM’s development.
“On behalf of the executive committee and the board, I would like to thank Martin for his significant contribution to the group during his 16 years at CBAM and wish him the very best for the future.”
Reynolds added: “I look forward to joining the group and playing my part in the continuing development of a distinctive wealth management business like CBAM, building on the impressive position established over the past years.”
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