Quilter Cheviot has today announced Andrew Fahy will take on strategic responsibility for the international business.
Currently Chief Executive Officer of Europe, from 1st July Fahy will become Chief Executive Officer of Europe and International Markets. Fahy will take on strategic responsibility for Quilter Cheviot’s offices in Jersey and Dubai, as well as continuing to lead the Dublin office. He will also join Quilter Cheviot’s executive committee.
Meanwhile, Tim Childe will be stepping back as Managing Director, Head of International as part of a pre-planned leadership transition.
In the interim, Childe will continue as Head of Quilter Cheviot International while it recruits for successors to take on the day-to-day management of the Jersey and Dubai offices. Following this transition, Childe will remain with the business focusing on providing investment management services to high-net-worth clients.
Fahy joined Quilter Cheviot Europe in January 2022 as its Head of Financial Planning, before becoming Chief Executive Officer in April 2023. He has since overseen strong growth in the business, with its AUM tripling since 2022. Earlier this year, Quilter Cheviot Europe completed its acquisition of GillenMarkets, a Dublin-based investment firm.
Childe has almost four decades of experience in the investment management industry, with 36 years at Quilter Cheviot. He has played a pivotal role in growing the international business and helped to establish the Dubai office in 2016.
John Goddard, Chief Executive Officer at Quilter Cheviot, said: “Andrew has been instrumental in growing our client base in Europe and I am delighted to see him take on these additional responsibilities for all of our international presence. Meanwhile, Tim has made a significant contribution in building and developing our international business and I am pleased he will be staying on to support Andrew and continue to work closely with his clients, something I know he is very passionate about doing.
“With wealth becoming increasingly mobile and high-net-worth individuals often having more complex financial needs, our international business is going to play a crucial strategic role for us in the coming years. As a result, it makes sense to have a consistent approach across our international footprint, ensuring clients can expect the same excellent service regardless of the jurisdiction they are in.”
Andrew Fahy, Chief Executive Officer of Europe and International Markets, added: “The Dublin office has seen fantastic growth in recent years, capped off by the recent acquisition of GillenMarkets. We want to continue to build on our scale and success, having the capability to provide our tailored services to more people.
“As such, I am pleased to be taking on the additional responsibility for Quilter Cheviot’s international markets. This is a really exciting next step and gives us as a business a great opportunity to provide a holistic wealth management offering to clients in the UK, Europe, the Middle East and beyond.”
Tim Childe, Managing Director, Head of Quilter Cheviot International, commented: “We have achieved a huge amount in our international business over recent years and I now feel that it is the right time to be taking a step back and focusing more on supporting and helping my clients achieve their financial goals. I am excited to continue to play my part going forward and helping the new leadership team where I can.”
