British multi-family office Sandaire has named Kevin Corrigan as its new CIO, replacing Marc Hendriks who has now assumed the newly created role of global strategist within the firm.

Corrigan, with an experience of 29 years in the business, most recently worked at Lombard Odier.

During his six-year tenure at Lombard Odier, he held the roles of head of credit and head of fundamental fixed income. He was specifically responsible for heading the expansion of the fixed income franchise at Lombard Odier.

Corrigan previously also served as an executive director at Goldman Sachs, as a partner at Fischer Francis Trees and Watts, and at JP Morgan.

Sandaire CEO Alexandra Altinger said: “Over the past 12-18 months, the investment environment has been unusually challenging. There have been important dislocations on the monetary and economic front and going forward, we expect it to remain this way.

“During this time, tailored insights and thoughtful leadership are of utmost importance to our clients. As a result, we are delighted to welcome Kevin to our investment team. His appointment and Marc’s new role offer our clients a greater level of investment resource, expertise, market analysis and communication tools”.

Sandaire was set up in London by Alexander Scott in 1996, and launched its Singapore office in 2012. The firm partnered with Lord North Street Private Investment Office in 2014. The enlarged firm now operates as Sandaire, offering independent investment management services to wealthy families from offices in London and Singapore.