Brooks Macdonald Group, the AIM-listed integrated wealth management group, has appointed Andrew Shepherd as its deputy chief executive.
The group has seen significant growth since its initial public offering in 2005, leading the board to create this new role in order to broaden the senior management team.
Shepherd is an executive director of the group and has held the role of joint managing director of Brooks Macdonald Asset Management (BMAM), which he joined in 2002.
In taking on his new role, Shepherd will relinquish his duties as joint managing director of BMAM, leaving Nick Holmes to become the sole managing director of the firm, having been joint managing director since October 2008.
Chris Macdonald, chief executive of Brooks Macdonald, says Shepherd has been a core part of the group’s management team for the past seven years and his appointment allow more time to focus on delivering the group’s ongoing growth ambitions.
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