CBAM hires two managing directors

Joining from Santander Private Bank and Chases de Vere they will grow the firm in the north, Midlands and southwest

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Close Brothers Asset Management’s strategic hiring spree has continued with the appointment of two managing directors to grow its business across the north of England, Midlands and southwest.

The news comes a week after CBAM revealed, among other appointments, it had hired Sanlam Private Wealth’s James Nield as managing director of its new Chichester office, which was opened to help the firm make inroads into the southeast of England.

In its latest recruitment drive, CBAM has recruited David Mellett and Ben Staniforth, each bringing more than 25 years’ financial services experience.

Mellett will be based in the north of England, focusing on CBAM’s growth ambitions across the region, and will play a key role in growing the company’s’ presence in the northwest and improving its capabilities for high-net-worth (HNW) clients.

He joins from Santander Private Bank, where he was regional director across the north for nearly seven years.

Staniforth will split his time across the Midlands and southwest areas, with responsibility for growing CBAM’s HNW advice capabilities across those areas, managing both regional teams. He joins from Chase de Vere, where he managed a team of financial planners.

John Edmeads, head of advice at CBAM, said: “We are delighted to have David and Ben join our flourishing senior leadership team.

“Both have incredibly successful careers across the advice industry and have built up a wide pool of contacts and clients. We are confident CBAM will benefit from their experience and expertise.

“We are focused on continuing to build our rapidly growing regional presence, offering clients a valuable personal and local connection with advice experts. Attracting the top talent from across the industry is vital, to ensure we continue to offer the highest levels of service.”

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