Close Brothers AM restructure sees CIO Curtin depart

The new structure will see internal promotions take effect "straight away" to "enable the business to maintain its momentum", Close Brothers said in a statement, with Curtin (pictured) "facilitating the transition" over the coming weeks.

Close Brothers said Curtin has "established a strongly performing investment capability at the heart of the business…[and] has been instrumental in supporting the growth and development of the business in recent years".

It added that the new structure "will allow for both internal promotions and the recruitment of new talent", and "reflects the scale of ambition and opportunity" Close Brothers is targeting and its "continued commitment to retain institutional quality, multi-asset class investment management at the heart of its business".

Curtin, who was consulted in the formation of the new structure, said the change "creates growth opportunities" for remaining employees.

Andrew added: "Nancy and I have worked together for the last ten years during which CBAM has changed and progressed a great deal to become a leading wealth manager.

"Nancy's contribution to that journey has been exceptional and immense. I would like to thank her for her support, commitment and contribution to CBAM and I wish her every success and happiness in the future."

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