The news comes following the company’s acquisition of Bollin Asset Management, which was created by Botham and his partner Keith Penfold back in January 2006.
Botham was investment manager for the firm, which catered to high net worth clients in the north-west. He previously worked at Tilney Investment Management as head of UK equities.
Botham succeeds Kevin Doran as CIO. Doran is set to focus on developing the group’s Solus sterling bond fund for a wider audience in the next three years.
Brown Shipley head of private banking Ian Sackfield says: “Peter Botham is a great addition to Brown Shipley’s investment team. As CIO, he will play an important role in developing the future strategy of Brown Shipley’s investment strategies for the continued benefit of our clients. We also welcome BAM’s clients and look forward to working with each of them very closely.”