Edward Park has been promoted to deputy CIO at Brooks Macdonald.
Previously investment committee director, Park confirmed his promotion via LinkedIn.
He joined Brooks Macdonald as a trainee investment manager in 2009, has most recently been responsible for the firm's investment process through his oversight of its buylist and asset allocation positioning.
Meanwhile, the group announced this morning UK investment management director of Brooks Macdonald Nick Holmes is to step down and leave the company after 22 years.
Holmes (pictured) will relinquish his board position on 30 November before leaving the firm entirely at the end of 2018. Going forward, head of London Robin Eggar and head of regions John Wallace will co-lead the UK Investment Management business, reporting to chief executive Caroline Connellan.
Holmes joined Brooks Macdonald as a trainee investment manager in 1996, before taking up responsibility for the day-to-day management of the asset management arm of the business in early 2017.
New UK investment management co-lead Eggar joined Brooks Macdonald in 2000 and oversees five investment teams in London, with responsibility for the management and development of the London office, as well as managing bespoke discretionary portfolios on behalf of a number of private clients.
Hampshire-based Wallace joined Brooks Macdonald in 2005 from his role as an investment manager at Dexia Asset Management in 2000. He oversees the firm's regional office network and also manages bespoke discretionary portfolios on behalf of a range of clients.
Chairman of Brooks Macdonald Chris Knight said: "I would like to thank Nick, whose contribution from the firm's early days and in particular his leadership of our UK investment management business since 2008 have been major factors in our success to date.
"His commitment, leadership and passion for Brooks Macdonald have significantly helped shape the business we are today."