Close Brothers Asset Management (CBAM) has continued to expand its Scottish presence with the appointment of Alastair Wilson as managing director.
Wilson (pictured) joins from Brooks Macdonald, where he was a founding member of the Edinburgh office in 2009.
He has more than 30 years’ experience in financial services and spent 15 years as a senior investment director at Adam & Co prior to Brooks, where he was a member of the asset allocation committee.
The asset manager is growing its high net worth investment management capability with the latest appointment. Earlier this year in January, CBAM poached Andrew Hess from Rathbones to take on the role of managing director of its high net worth business.
CBAM said Wilson’s hire is part of the continued strategic growth of its Scotland office and follows the appointment of managing director Christopher Godfrey-Faussett this year, and that of Andrew Mackintosh-Walker, and John Henderson last year, when CBAM established an investment management capability within its Scotland team.
In a press release, the asset manager said the succession of hires in Scotland is part of a wider strategy to expand and enhance CBAM’s high net worth service across the UK.
Martin Andrew, chief executive of CBAM, said: “Our high net worth proposition is going from strength to strength, and Alastair’s appointment is further evidence of the merit of our offering as we continue to attract the highest calibre of investment professionals.
“The appointment of select, high quality individuals is central to the expansion of our Scotland office, which in turn is a crucial element of our growth plans across the UK. Alastair brings with him tremendous pedigree and expertise; he will support the team in continuing to deliver excellence to our expanding Scottish client-base.”
