View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
November 2, 2018

Quilter’s Mark Satchel named as new CFO

British wealth manager Quilter has named its current corporate finance director Mark Satchel as it next CFO. The new appointment is subject to regulatory approvals.

Satchel will assume the new responsibility on 13 March 2019, when the present CFO Tim Tookey will step down.

Satchel has been associated with Old Mutual wealth executive committee (Old Mutual Wealth re-branded to Quilter Private Client Advisers earlier this year).for several years. In the last two years, he worked with Tookey on the preparation for the listing as well as carrying out optimisation initiatives.

Last month Quilter a decline in cash flows. Excluding Quilter Life Assurance, net client cash flows dropped 42% to £1.1bn from £1.9bn in the previous year. Quilter blamed geopolitical uncertainty for weaker investor sentiment

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Private Banker International