Royal London Asset Management, the UK mutual life and pensions firm, has appointed Piers Hillier as Chief Investment Officer to expand its investment capabilities.

Royal London Asset Management, the UK mutual life and pensions firm, has appointed Piers Hillier as chief investment officer. 

Hillier succeeds Robert Talbut who will leave the organisation at the end of December after ten years to pursue other interests.

He joins on 5th January next year and is responsible for driving forward RLAM’s investment capabilities and new business. 

Hillier joins the business from Kames Capital, where he has worked since 2012 as head of International equities. It is his third time as chief investment officer, following on from his time spent at LV= Asset Management and West LB Asset Management in the role.  

"I am delighted that Piers is joining the business at a time when our investment and business performance is so strong.  He has the credentials and experience to help us move into our next phase of growth and we look forward to working with him," said Andrew Carter, chief executive officer of Royal London Asset Management. 

The business reported new external business inflows of £1.32 billion ($2.08 billion) for quarter two this year compared with £308 million in the same period last year.