Syndicate Asset Management, the parent company of Ashcourt Rowan, has promoted director of planning Jeremy Rance to group chief operating officer.
The move represents Mark Cheshire’s first key management appointment since his own appointment as interim group chief executive last month, following the resignation of group chief executive Jonathan Freeman.
Rance will be responsible for planning, strategy implementation and operational performance across the Syndicate group.
He joined the company in June, and has previously held strategy and leadership roles with Barclays and KMPG.
Rance was involved in Ashcourt Rowan’s acquisition of the Co-operative Bank’s IFA arm in September, and has also been responsible for a strategic review at the company.
Syndicate interim group chief executive Mark Cheshire says: “Jeremy has played a critical role in establishing scalable platforms and processes within Ashcourt Rowan.
“The group now looks forward to benefiting from his expertise in this wider role.”