Kames Capital has selected Peter Ball as the interim head of institutional business.

In his new role, Ball will report to CEO Martin Davis, according to the company.

Peter started working with Kames Capital in March as a consultant, advising the business on strategic opportunities in the institutional market.

Kames Capital completed this review in May and Peter has consented to head the team until a permanent head of institutional business is hired.

Earlier Peter was on the Board of JLT Employee Benefits, where he was accountable for the investment management and investment consulting businesses.

Prior to that, he managed UK institutional business at JP Morgan Asset Management for 10 years.

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The company said that Peter’s appointment comes at a time when the firm continues to build its institutional business, through our capabilities in fixed income, equity, property, multi-asset and absolute return investing.

Kames Capital manages £9billion in segregated and pooled portfolios on behalf of third-party institutional clients.