The new CFO is subject to FCA regulatory approval.

UK wealth management group, Tilney, has appointed Andrew Baddeley as group chief financial officer, subject to regulatory approval.

Prior to Tilney, Baddeley served as group CFO of TP ICAP, the inter-dealer broker. Previously Baddeley worked for General Reinsurance Corporation, part of the Berkshire Hathaway group. 

Baddeley replaces Wadham Downing who will be leaving the firm in September.

“Andrew is a highly accomplished CFO with considerable financial services and capital markets experience,” said Chris Woodhouse, chief executive of Tilney. “We are delighted that he is joining Tilney as we embark on the next phase of growth and development. We are now really well positioned to augment continued organic growth with both new hires and potential acquisition opportunities.” 

Tilney has £24.1 billion ($31.2 billion) assets under management.  This publication has reported recently that Tilney had appointed Chris McLeod and Ammar Saleem as financial planners in Edinburgh.