Bennelong Wealth Partners has named George Nassios as its new chief investment officer, effective mid-May.

In his new role, Nassios will be responsible for managing capital market activity, building a flexible approved product list and developing model portfolios and providing investment commentary.

Nassios will report to Bennelong Wealth Partners chief executive Fiona Rowland.

In addition, Rowland will work closely with Nassios to strengthen the business into a solution driven equity ownership model.

Prior to joining Bennelong, Nassios has worked for Deutsche Bank AG as chief investment officer, where he was responsible for investment solutions for high net worth families and individuals in addition to responsibility for fixed income and equity portfolios.

Earlier to this, Nassios has worked as CIO and held senior investment management roles at multifamily offices as well as at National Australia Bank and BNP Paribas.

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Rowland said that the Bennelong Group had been focused on identifying an institutional-grade CIO in terms of macro-economic trends and global markets.

"Our equity model is particularly attractive to wealth advisers, because we not only provide the licensing and shared services, but also dedicated bespoke services," she added.

"Bennelong Wealth Partner’s boutique model represents a new chapter in wealth management. I am looking forward to implementing an investment framework that addresses the needs of high net worth clients and their sophisticated wealth advisers," Nassios said.