Altus shakes up investments arm with flurry of hires and moves

Altus shakes up investments arm with flurry of hires and moves
Ben Hammond has been promoted to director of investments at Altus

Altus has shaken up the business with a flurry of appointments, mainly aimed at growing its investments consultancy arm.

Ben Hammond, the firm’s platform consultancy lead, has been promoted to director of investments following the departure of Janine Menasakanian, who now heads up Coutts’ workplace proposition.

Geoff Towers, former chief executive of BNY Mellon financial solutions subsidiary Pershing for the UK and Europe, has joined the business as a senior adviser as part of his portfolio career. 

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Altus said Towers will support the growth of its investments business. He joins alongside two consultants in the investments team, Nicola Flannigan and Ryan Lane.

Elsewhere, Robert Holford, formerly head of strategy and insight at The Pensions Regulator, has joined Altus as its new life and pensions director.

Internally, Altus has promoted Rory Gravatt from a consultant position to head of distribution and product strategy. While Jonathan Warren takes on the role of head of innovation as the firm spies an increasing need for client support on digital distribution.

“It is exciting times at Altus as the business grows rapidly to support an expanding number of clients, with investments consulting remaining a core strength,” said Martyn Evans, consulting director at Altus.

“Ben will do a great job leading this area of the business. We are really pleased to be able to attract experienced industry talent to support our investments consulting work, whilst also continuing in our tradition of developing and nurturing talent within the business”.

Hammond, an employee at the firm since 2014, said: “Having been a part of the Altus family for the last seven years and seeing it grow significantly in that time, I’m really looking forward to developing our existing practices and widening the remit of our investments business.”

Altus, founded in 2005, became part of Equisoft in July 2021. It has grown its client book to around 100 across the insurance, investment, pensions and wealth management sectors. Its some 100 employees are mainly based out of Bath.