Brooks Macdonald International has appointed Darren Zaman as chief executive of its offshore business.Brooks macdonald International

Brooks Macdonald International has appointed Darren Zaman as chief executive of its offshore business.

Zaman replaces John Davey, who has chosen to step down from his current role to pursue other business interests, Brooks Macdonald said in a statement.

Zaman was previously the chief executive of DPZ Capital, the Jersey-based wealth management business acquired by BMI in April 2014.

Davey will continue to work with the business over the next two years as a consultant, supporting Zaman in completing the integration of DPZ.

Zaman founded DPZ in 2007 and was previously the managing director of HSBC Investments and Le Masurier James and Chinn, where he was responsible for international fund management teams based in Jersey and London.

“I’d like to thank John for the significant role he has played in establishing the Brooks Macdonald business on an international scale and for his role in bringing DPZ into the Group,” said Chris Macdonald, chief executive officer of Brooks Macdonald Group.

“He and his team have provided us with a strong platform for growth and I have every confidence that Darren will continue this good work, capitalising on the opportunities available as we look to reach to a new and wider client base for the Brooks Macdonald offering,” he added.