The UK wealth management house has added to its business development team in London.

Bordier (UK) has hired Paul Kelly from Schroders as business development manager.

Kelly joins after a decade with Schroders where he was investment sales manager. He previously held roles at MGM Assurance and Royal Life.

In his new role, he will be responsible for developing and boosting Bordier (UK)’s relationships with investment intermediaries, lawyers and accountants. Based in London, he will report to David Muncaster, the firm's director of commercial activities.

“Paul is a well-known figure in the intermediary world and we expect him to play a leading role, building on the firm bedrock of our existing intermediary partnerships, and our ongoing efforts to exceed the expectations of both clients and introducers,” said Bordier (UK)'s chief executive, Jamie MacLeod.

Bordier (UK), which is part of Geneva-headquartered Bordier Group, recently won a mandate to oversee £75 million ($116 million) of client assets on behalf of financial advisor group Almary Green.