Thomas Miller Investment (Isle of Man) has named David Thomas as new chairman replacing Ian Jarrett, who will step down from the firm in July 2016.
Jarrett will continue to remain as chairman of Thomas Miller (Isle of Man) until his retirement. Thomas joined Thomas Miller in 2008.
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Additionally, Tom Richards has been hired as new managing director for Thomas Miller Investment (Isle of Man).
Richards joined Thomas Miller as head of private investment management (offshore) in 2012. He also served on the board since 2013.
David Thomas said: "As Managing Director, Tom will be responsible for the leadership and development of our investment business here on the Isle of Man.
"He will play a key role in defining and meeting the company’s goals as well as building on the firm’s reputation for service, delivery and performance."
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By GlobalDataCommenting on his appointment, Tom Richards said: "We have solid foundations in place and a tremendous opportunity to further develop our offering to continue meeting our private and institutional clients’ exacting requirements."
