Fund management group Liontrust has appointed Frank Doyle as the head of its institutional business.

Doyle will assume the new role in September 2018, with responsibility to expand the operations of this segment.

Liontrust CEO John Ions said: “Frank is a key appointment in the continued growth of Liontrust. The commitment to active management and the emphasis on robust investment processes has been one of the driving success factors of the group.

“Frank’s appointment will help us further develop the institutional demand we are already seeing, coupled with the broadening of our investment capabilities.”

Doyle previously served as the sales director at Investec Asset Management, a role he held for 12 years. In this role, he was tasked with developing and implementing global consultant plans besides managing the UK and Irish institutional business.

He was also associated with Citigroup Asset Management, Dresdner RCM Global Investors and M&G Investment Management in his earlier endeavours.

“I am joining Liontrust at a very exciting time. The growth of the business demonstrates that it has a compelling investment proposition. The opportunity to build on the progress it has made in the institutional space is one that I look forward to with enthusiasm and confidence,” Doyle noted.