Ashcourt Rowan Asset Management, part of the UK wealth management group, has appointed two new investment directors from HSBC Global Asset Management, based in London.

Ashcourt Rowan Asset Management, part of the UK wealth management group, has appointed two new investment directors from HSBC Global Asset Management, based in London.

Andre Girault and Tim Dickens previously held the roles of director and investment manager, respectively.

Girault has over 17 years of experience within the private client management sector and has worked at Merchant Securities and Redmayne-Bentley.

Dickens joined HSBC in 2006 as an investment executive, before becoming discretionary wealth manager in 2011. Both will manage a wide range of private clients, trusts, corporate accounts and charities.

Earlier this week, Ashcourt Rowan said chief operating officer Richard Sinclair is stepping down from the board and will leave at the end of July to assume a senior role at another company.

The firm said it is not looking for a replacement and that Sinclair’s responsibilities would be split across the group.

Non-executive director Steve Haines will also step down from the board to assume an executive role as head of the group’s governance and risk functions, whilst also having a wider management role within the company.

Hugh Ward, chairman of the board, has been appointed as the new chairman of the audit committee on an interim basis until a new non-executive director is appointed.

As a result of these changes the structure of the company's board of directors will change to comprise a non-executive chairman, two non-executive directors and two executive directors (CEO and CFO).