Quilter Cheviot, the high net worth division of Quilter, has appointed Colin Rowe as head of advice, subject to regulatory approval.

Quilter Cheviot recently received Financial Conduct Authority (FCA) approval to extend its regulatory permissions to include financial advice, which will allow Quilter Cheviot and Quilter Cheviot Financial Planning to operate as a single regulated entity early next year. Rowe will join the business in January and will be a member of Quilter Cheviot executive committee, reporting to chief executive, Andrew McGlone. He will oversee Quilter Cheviot’s UK-based financial planning team and work with other executive committee members to support the firm’s multi-channel distribution strategy. Rowe joins Quilter Cheviot with over 20 years of experience in leadership roles within wealth management, most recently as managing director at 7IM. Prior to that, he was managing director of private clients at Close Brothers Asset Management.

Bordier UK, part of the Swiss private banking group Bordier & Cie, has named Ian Heap as chief executive officer (CEO).

The appointment, which is subject to FCA approval, will see Heap move from his current position of director of portfolio management to the CEO role. Heap, who has also been a board director since 2019, launched his private client wealth management career in 2000, and joined Bordier UK from Close Brothers Wealth Management in 2005. At Close Brothers Wealth Management, Heap was responsible for a book of discretionary private and corporate clients. As director of Bordier UK for the past five years, Heap has headed the portfolio management team, and provided support and advice on internal issues and external challenges.

The Foster Denovo Group has appointed Paul O’Leary to the role of chief finance officer (CFO).

O’Leary brings 30 years of experience across finance, planning, strategy and corporate development in the financial services sector. After spending the first part of his career at Barclays Bank in the retail financial services and wealth management businesses, Paul joined Rothschild & Co., where he was appointed as the CFO for global advisory, Rothschild’s advisory investment banking business. Paul also operated as UK CFO for Rothschild’s UK-based entities, including several regulated businesses. CFO is a new position in the Foster Denovo leadership team, with O’Leary expected to play a “pivotal role” in helping lead the next stage of the company’s growth strategy.

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