Quilter Investors has nabbed Bambos Hambi to become its new chief executive taking over from Paul Simpson.
Hambi (pictured) joins from Aberdeen Standard Investments where he was head of multi-manager strategies and led one of the largest fund selection teams in the UK.
He will join later in the year succeeding Simpson, who is retiring.
Aberdeen Standard Investments said in the immediate term the multi-manager strategies team will report directly into global head of product and clients solutions Robert McKillop.
For portfolios where Hambi was a named joint portfolio manager his responsibilities will be assumed by the current co-managers; Katie Trowsdale for the MyFolio Managed and Multi-Manager ranges and Joe Wiggins for the MyFolio Market and MyFolio Index ranges.
Hambi said: “Having worked for Quilter at the beginning of my career it feels wonderful to be coming full circle and I’m thrilled I can be involved in the next phase of Quilter Investors growth”.
Quilter chief executive Paul Feeney said: “I’m delighted Bambos is joining Quilter Investors. His skill and experience in manager and fund selection further strengthens our investment capability as we continue to build exceptional investment solutions that deliver for clients and advisers.”
