British online wealth manager Nutmeg has named Bill Packman as its new chief operating officer (COO) and Catherine Prentke as commercial director.

Packman joined Nutmeg in 2014 to manage the firm’s transition to its new operating model. Prior to joining Nutmeg, he served as divisional director of wealth management at Westpac Banking Corporation and held various roles at Barclays.

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Prentke is joining the company from American Express. In her new role, she will be responsible for customer acquisition, brand, pricing, and customer relationship management (CRM).

Nutmeg CEO Martin Stead said: "Catherine has a very strong track record in financial services. Taking broad responsibility for Nutmeg’s commercial engine room, Catherine will lead our team as we deploy new products, new services and new ads in the months and years ahead."

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