Former Cofunds chief executive Martin Davis is to become chief executive at Kames Capital.
His appointment follows changes to the senior leadership team at Kames announced in March, which saw joint chief executive and chief investment officer Andrew Fleming step down and the separation of the chief executive and chief investment officer roles. Stephen Jones was named as chief investment officer earlier this year.
Before joining Cofunds, Davis was chief executive at advice network Openwork.
Aegon Asset Management chief executive Sarah Russell says: “Martin’s experience of leading and building financial services companies make him the ideal choice to take the business forward in the next stage of its evolution.
“His knowledge of the UK asset management market, and his deep understanding of the client perspective, will enable him to strengthen Kames’ competitive position and grow our business with retail and institutional investors across a diverse range of asset classes.”
Martin Davis says: “I am looking forward to working with the great team at Kames Capital as it takes its next step in the development of its business, and as it continues to deliver value and performance to its customers.”
Murphy Wealth partner Adrian Murphy says: ”Running a platform and running an investment house are two very different beasts. However, Kames obviously feels Martin Davis has the skillset to do the job and take confidence from his experience in the leadership of a business.”