Brooks Macdonald International (BMI) has named Darren Zaman as its new chief executive, replacing John Davey.
Zaman joined BMI from DPZ, the Jersey-based wealth management firm acquired by Brooks Macdonald in April 2014, where he served as CEO.
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Prior to this, Zaman served as managing director of HSBC Investments and also worked with Le Masurier James and Chinn, before founding DPZ in 2007.
However, Davey will remain in a consultancy role with DPZ for a period of up to two years to ensure a smooth transition.
Chis Macdonald, CEO of Brooks Macdonald, said: "This is a very exciting acquisition for the group in line with our strategy to expand our international division based in Jersey. As well as adding scale to our international business DPZ bring a highly talented investment management team and additional skills to expand our offering."
Zaman said: "The integration of DPZ is progressing well and I look forward to continuing to grow scale in the international business going forward."
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