He will replace the specialist investment manager’s interim CEO.

Bordier UK, part of the Swiss private banking group Bordier & Cie, has appointed Ian Heap (pictured) as chief executive officer, subject to approval of the UK’s Financial Conduct Authority (FCA). Heap will be filling the slot vacated this summer by Jamie MacLeod. In the meantime, Jamie Berry, executive chairman, has been acting as ad interim CEO until a permanent successor is in post.

Presently director of portfolio management, and a board director since 2019, Heap launched his career in the field of private client wealth management in 2000, joining the London-based firm in 2005 from Close Brothers Wealth Management, where he was responsible for a book of discretionary private and corporate clients.

As a director of the firm for the last five years, Heap has headed the portfolio management team and provided support and advice on internal and external business, giving him a platform for his new position and responsibilities, the firm said in a statement.

“Our business is characterised by deep experience and long tenure. I have been managing clients with the business for more than four decades now, working hand in hand with our CIO for more than 30 years, and with Ian for 20 come next May,” Berry said. “In our 43 years we have only had two CEOs and, as the founder of our business, this appointment is particularly important to me. Having worked closely with Ian over so many years, I know that our clients and the business will be in very good hands, and I am delighted that he has accepted our offer.” 

Grégoire Bordier, partner at Geneva-based parent Bordier & Cie echoed Jamie Berry’s sentiments. “We first invested in the UK business in 2001 and put our name over the door in 2014, 10 years ago. That decision not only marked our commitment to the UK market, but the importance we place on London as one of the world’s leading hubs for private client asset management,” Bordier said. “The appointment of a new CEO is critical to our continuing success.” 

Established in 1981 by Jamie Berry, Bordier UK (then Berry Asset Management) is part of the Geneva headquartered Bordier & Cie. Based in St James’s, at the heart of London’s wealth management district, the company is a specialist investment manager, with a single focus – providing investment and wealth management services to private clients, the clients of professional advisors, HNWIs, family offices, trustees, charities, City livery companies and others.

Bordier & Cie, which managers more than £16 billion ($21 billion), has offices in Bern, Brest, Geneva, London, Montevideo, Nyon, Paris, Rennes, Singapore, Turks & Caicos Islands and Zurich.