People Moves
Brown Shipley Bolsters Investment Team With Senior Hire

UK-based private bank Brown Shipley has appointed Peter Botham in the newly created role of head of IFA investment.
UK-based private bank Brown Shipley has
appointed Peter Botham in the newly created role of head of IFA
investment.
Kevin Doran will succeed Botham as CIO and assume responsibility
for the investment policy committee and in-house fund management.
Doran will also continue to manage the Brown Shipley Sterling
Bond Fund, Brown Shipley said in a statement.
Botham will be responsible for creating the IFA offering and
delivering it to market. He joined Brown Shipley in April 2008,
following the acquisition of his investment boutique Bollin Asset
Management. Botham has extensive investment experience and prior
to establishing Bollin Asset Management was head of UK equities
at Liverpool based Tilney Investment Management.
Brown Shipley recently appointed Hugh Titcomb as its new head of
private banking and also made a number of changes to its
board.
Titcomb will be based at the firm's London office and replaces
Julian Hardiman, who stepped down from his role in December.
In addition, Brown Shipley appointed chief financial officer
Andrew Curran to the board of directors and Jim Willens re-joined
as a non-executive director.
Brown Shipley also made a number of changes to its board
following a review of corporate governance.
Robert Kitchen and Bob Smoker stepped down from the board of
directors with their management roles at Brown Shipley remaining
unchanged.
In a further management change, recently appointed chief risk
officer, Mike Hudson, took reporting responsibility for the
firm’s compliance function.
Brown Shipley’s parent company, KBL European Private Bankers, was
bought by Luxembourg-based Precision Capital at the start of
August 2012 for €1 billion ($1.3 billion). KBL European Private
Bankers is a European network of local private banking
businesses, of which Brown Shipley is the UK arm.
In other recent news, in December, Peter Stiles, head of the
bank’s Manchester office, stepped down. He remains at the bank to
focus on managing private client portfolios.