UK-based wealth manager Brewin Dolphin has named Eddie Clarke as the new CEO of its Ireland unit, replacing Matt Minch.

Meanwhile, Minch, who has been working at the firm for 25 years, will retire at a later date. Until then, he will remain at Brewin Dolphin to serve his clients.

Minch previously worked at Tilman, which was snapped up by Brewin Dolphin in 2011.

Clarke previously led the Irish wealth management arm at Investec. He moved to Brewin Dolphin last November prior to Brewin Dolphin’s takeover of the Investec unit for €44m.

The acquisition resulted in the creation of the third-largest office of Brewin Dolphin by assets with Dublin and Cork offices. It made Brewin Dolphin Ireland’s third-largest discretionary wealth manager.

Clarke will assume the new responsibility next month. The appointment awaits regulatory nod.

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Additionally, Brewin Dolphin has promoted Daniel Macauley to the role of deputy CEO.

Both Clarke and Macauley will gain seats on the Irish board.

Earlier this year, Brewin Dolphin appointed Robin Beer as its new CEO. Beer will succeed David Nicol.

The firm’s total funds reached £48.5bn at the end of December 2019, an 8% rise from £45bn in the previous year. The 2019 figure includes £2.7bn of funds from the recently purchased Investec’s Irish wealth management unit.