The new chief executive of Europe and international markets, who will be taking on strategic responsibility for the firm's offices in Jersey and Dubai, has overseen strong growth in the business since joining in 2022. The outgoing incumbent – with the firm for 36 years – has played a pivotal role in growing the international business.

UK-based Quilter Cheviot, a discretionary fund management and financial planning business, has announced that Andrew Fahy will take on strategic responsibility for its international business. From chief executive officer of Europe, he will become CEO of Europe and international markets, effective 1 July.

Fahy will take on strategic responsibility for Quilter Cheviot’s offices in Jersey and Dubai, as well as continuing to lead the Dublin office. He will also join Quilter Cheviot’s executive committee.

Meanwhile, Tim Childe will step back as managing director, head of international as part of a pre-planned leadership transition. In the interim, Childe will continue in his present role while the firm recruits for successors to take on the daily management of the Jersey and Dubai offices. Following this transition, Childe will remain with the business providing investment management services to high net worth clients.

Childe has almost four decades of experience in the investment management industry, with 36 years at Quilter Cheviot. He has played a pivotal role in growing the international business and helped to establish the Dubai office in 2016, the firm said. 

Fahy joined Quilter Cheviot Europe in January 2022 as its head of financial planning, before becoming chief executive officer in April 2023. Since 2022, AuM has trebled in size.

“Andrew has been instrumental in growing our client base in Europe and I am delighted to see him take on these additional responsibilities for all of our international presence,” John Goddard, chief executive officer at Quilter Cheviot, said. “Meanwhile, Tim has made a significant contribution in building and developing our international business and I am pleased he will be staying on to support Andrew and continue to work closely with his clients, something I know he is very passionate about doing.

“With wealth becoming increasingly mobile and high net worth individuals often having more complex financial needs, our international business is going to play a crucial strategic role for us in the coming years. As a result, it makes sense to have a consistent approach across our international footprint, ensuring clients can expect the same excellent service regardless of the jurisdiction they are in,” Goddard added.