Quilter has made a few changes to its board, including the appointment of Glyn Barker as its new chairperson, subject to regulatory approval.
Barker joins having had a career at PwC, most recently as vice chairperson of UK and chief executive markets: Europe, Middle East, Africa and India.
He has held a number of senior non-executive positions including chairperson of the Berkeley Group Holdings and senior independent director of Aviva.
Barker will be stepping down as chairperson and a non-executive director of Berkeley Group at or before its annual general meeting on September 6.
Quilter chief executive officer Paul Feeney said: “Having repositioned the business as a focused UK wealth manager, my management team and I welcome the appointment of Glyn Barker who will help us to fully leverage the fantastic capabilities of our business for the benefit of all our stakeholders.”
He will join the Quilter board as a non-executive director, a member of the board remuneration committee and the board corporate governance and nominations committee, effective from June 1.
Ruth Markland, who is interim chairperson, will continue until Barker’s appointment becomes effective from September 7.
Markland said: “After a very thorough and comprehensive search, I am delighted that Glyn Barker has agreed to become the chair of Quilter. Glyn is an experienced chairperson who has demonstrated both in his executive career and his non-executive career an ability to lead large businesses and has a good understanding of the wealth management industry.
“My board colleagues and I are looking forward to working with Glyn to continue Quilter’s development and delivering our growth plans.”
Barker added: “I am deeply honoured to be appointed to chair the Quilter Board. Quilter is a business which has completely transformed itself since its listing in 2018 and I am very much looking forward to playing a role in ensuring it fully delivers on its undoubted potential.”
Elsewhere, the group appointed Neeta Atkar as a non-executive director and chairperson of the board risk committee.
Atkar will join the board on 11 August and will become chair of the board risk committee on 1 October.
Atkar said: “I am pleased to be joining the Quilter board and am looking forward to using my experience and expertise to contribute to the delivery of Quilter’s strategy, and the continued enhancement of Quilter’s risk management arrangements that have served it well since its listing in 2018.”
She has previously held roles at the Bank of England and the Financial Services Authority before taking on roles in the financial services industry with Andersen Consulting, Abbey National, Royal & Sun Alliance, Lloyds Banking Group and TSB Bank where she was the chief risk officer.
Currently, she is non-executive director at British Business Bank, Nomura Europe Holdings and Yorkshire Building Society.
sonia.rach@ft.com
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