As the managing director, Driver will be based in London and will be responsible for the day-to-day activity of the discretionary fund management (DFM) firm.
He will report to CEO Richard Charnock, who was also appointed Managing Director, Adviser & Investments at Standard Life in 2011.
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Driver has been with Standard Life Wealth for three years, before which he was the Network Director for the firm.
Commenting on the move, David Driver said: "Our unique goal-based investment approach and our success in delivering investment performance for our clients have seen Standard Life Wealth reach GBP1.6 billion AUM through organic growth in just four years."
"We now have a great platform on which to build our service and we have plans to increase our reach and develop our proposition to help meet the needs of our partners and their clients," he added.
Richard Charnock added: "David played an integral role in making Standard Life Wealth one of the fastest growing DFM firms in the country and under his leadership it will continue to perform to the high standards expected of it by our partners and their clients."
