Head of multi-manager strategies at Aberdeen Standard Investments Bambos Hambi has been appointed as CEO of Quilter Investors ahead of the retirement of Paul Simpson.
Hambi, who took on full leadership of ASI's multi-manager offering in September following the departure of co-head James Millard, brings more than 30 years of experience in fund selection to the role.
He has previously held multi-manager roles at other firms prior to his near-decade with ASI, including Gartmore and Rothschild Asset Management.
The appointment sees Hambi rejoin Quilter, where he spent a decade in the early part of his career. He will join towards the end of the year and take over from Simpson, who was appointed CEO of Quilter Investors in January 2018. Simpson's career began at Deutsche Bank and UBS before moving into investment management at De Putron Fund Management.
Quilter CEO Paul Feeney said Hambi's "skill and experience in manager and fund selection further strengthens our investment capability as we continue to build exceptional investment solutions that deliver for clients and advisers".
Hambi added: "Having worked for Quilter at the beginning of my career it feels wonderful to be coming full circle and I'm thrilled I can be involved in the next phase of Quilter Investors' growth".
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