Close Brothers Group has confirmed that the CEO of its asset management business will be stepping down in the spring of 2022.
Martin Andrew has been with the firm for 16 years, having spent the past 13 in the role of chief executive. The group said the search for a replacement is "well underway and an announcement will be made in due course". Adrian Sainsbury, group chief executive at Close Brothers, said: "We take a long-term view of our businesses and Martin and I have been discussing succession planning in CBAM for some time." Close Brothers AM appoints new global funds managing director The news comes as Close Brothers Asset Management reported an 8% rise in net inflows for the first quarter of...
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