RWC has appointed Dan Mannix as its new chief executive officer ahead of the departure of Peter Harrison, the firm has announced.
Mannix, who has been with the investment manager since 2006, will step into his new role at the end of February.
Harrison is taking up a senior position at Schroders, which has had a shareholding in RWC since June 2010, and will remain non-executive chairman of RWC and a shareholder of the business.
Further reshuffles as a result of the new appointment will see Paul Larche taking on the newly created chief operating officer role, and James Tollemache becoming head of sales.
Sean Capstick will also be joining RWC as head of new markets. Previous roles include EMEA head of prime brokerage for Bank of America Merrill Lynch and global head of capital introduction for Deutsche Bank.
Harrison commented: “Dan has been an excellent partner throughout the development of RWC. I believe strongly that he will continue to build the firm successfully. He has a very strong sense of the cultural imperatives necessary for success, as best demonstrated by his excellent record in building the sales and marketing efforts for the firm. RWC has developed significantly as a business in the past few years, and I look forward to being a continuing part of the next stage of its growth.”