Peters, who left Rathbone UTM in April this year, will be replaced by Ben Johnson who will take on responsibility for sales in the Southwest, South Wales and the Midlands.
He reports directly to sales director Greg Mullins who has been overseeing Peters’ responsibilities for the past six months.
The complete structure for Mullins’ team is that Mullins himself looks after sales in London, the South East and Scotland as well as having overall strategic responsibility for the team; Karl Heap is associate director for the north, East Midlands and Northern Ireland; Helen van Heesewijk is an associate director whose remit is more client-specific, including overseas clients, and fund-of-fund managers.
Johnson’s own responsibilities includes sales of the Rathbone UTM fund range across all the distribution channels including IFA, discretionary, wholesale and institutional businesses in his particular patch.
He joins from at Axa Investment Managers, where he worked in a similar role from October 2010. Prior to this he worked for Hargreaves Lansdown, joining as a graduate trainee and leaving as an investment consultant.