Brooks Macdonald appoints new chief executive
British investment management firm Brooks Macdonald has appointed Caroline Connellan as new group chief executive officer joining the firm as of April 2017, subject to regulatory approval.
Connellan is set to replace the group’s co-founder Chris Macdonald, who will become deputy chairman and continue to serve the firm as an adviser.
She joins from HSBC, where she most recently worked as head of UK Premier and Wealth, leading the transformation of the UK Wealth business.
Prior to this she worked among others as group strategy director at Standard Life, and in the wealth and asset management sector as a consultant at McKinsey. Connellan started her career as a fund manager with Newton Investment Management in London.
Chris Knight, chairman of Brooks Macdonald, comments on her appointment: “Caroline brings significant wealth management experience that will be critical to delivering the Group’s strategy and we are confident that she will bring a valuable external perspective which, together with our experienced management team, will enable us to meet our clients’ expectations and to drive further growth in our business.”