Quilter has poached from Aberdeen Standard Investments in its search for the next chief executive of its investment arm.
Quilter Investors announced Bambos Hambi would take up the helm of the business, succeeding outgoing chief executive Paul Simpson, who retires later this year.
Mr Hambi joins from his role as head of multi-manager strategies at Aberdeen Standard Investments.
Paul Feeney, chief executive of Quilter, 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.
"He will succeed Paul Simpson who is retiring after a long and distinguished career and I am immensely grateful for Paul’s contribution to building Quilter Investors."
Mr Hambi returns to Quilter after spending a decade at the company as the head of its investment portfolio service between 1987 and 1997.
He 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."
The appointment is the latest reshuffle at the top of Quilter, which earlier this month announced the chief executive of its advice network was leaving the role after nearly four years.
Andy Thompson has been replaced at the top of Quilter Financial Planning by Stephen Gazard, who was previously managing director of Sesame Bankhall Group.
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