Brooks Macdonald Group has named Andrew Shepherd as the CEO of its Channel Islands-based International business.

Shepherd replaces Darren Zaman, who has been at the helm for five years.

Shepherd has spent 17 years at Brooks Macdonald. He will now operate out of Jersey.

He has been working as the deputy CEO of the group, a role he will retain.

He also held the role of managing director for UK distribution.

This role will be handed over to co-head of UK investment management John Wallace.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Shepherd will now serve as chairman of the boards of the two legal entities within International.

At the same time, he resigned as a member of the group board to focus on the International business.

Meanwhile, Richard Hughes has been named deputy CEO of International.

Along with the new responsibility, Hughes will retain his existing role as head of business development.

The management changes are pending regulatory nod.

Brooks Macdonald CEO Caroline Connellan said: “Andrew’s depth of experience and expertise, alongside his people leadership and commitment to client service, will be central to our efforts to revitalise the business so that it contributes strongly to the Group’s future success.”

Connellan calls the International business an important part of the firm’s future growth strategy.

The latest management changes come shortly after Brooks Macdonald Group’s appointment of Alan Thomas Carruthers as its new chairman.