Rowan Dartington has appointed Prudential veteran John Betteridge as its chief investment officer.
Betteridge, who joined the firm as non-executive director and chairman of the asset allocation committee in 2014, was chief investment officer for Prudential’s UK insurance division for 10 years.
In the newly-created role at the wealth manager, Betteridge will oversee the firm’s discretionary wealth manager’s asset allocation strategy for private clients and financial advisers.
Rowan Dartington executive chairman Graham Coxell says: “John has played a very important role in Rowan Dartington’s recent achievements and it is great to have the opportunity to deepen his involvement in the company’s growth.
“We expect our assets under management to grow significantly in the coming years and John’s experience is another guarantee that the future is looking bright for Rowan Dartington and our clients.”
Last year, St James’s Place acquired Rowan Dartington in a deal worth up to £34m.
Rowan Dartington currently manages £1.2bn assets on behalf of its clients.