The new CEO, who has had a long career at HSBC, has a track record of driving growth initiatives across multiple businesses and jurisdictions

Quilter Cheviot has formally appointed John Goddard (pictured) as chief executive officer at Quilter Cheviot, following regulatory approval.

Goddard, who joined the business at the start of September, is succeeding Andy McGlone. After 31 years at Quilter Cheviot, McGlone will be leaving at the end of the month in order to pursue other opportunities. Goddard brings a track record in driving growth initiatives across multiple businesses and jurisdictions, the firm said in a statement.

Previously, Goddard had a 28-year career at HSBC, where he held several senior roles, overseeing developments within the group.

“The business has evolved and adapted and is now in a really strong position to deliver further growth. John brings a huge amount of knowledge and experience from his time in the industry and I look forward to working closely with him,” Steven Levin, Quilter CEO, said. “I would also like to thank Andy for his leadership and significant contribution to Quilter Cheviot over his many years of service.”

Quilter is a UK wealth manager overseeing £126.3 billion ($170.5 billion) in customer investments. The business comprises Quilter and Quilter Cheviot, a discretionary fund management and financial planning firm.

Quilter encompasses the financial planning businesses, Quilter Financial Planning, the Quilter investment platform and Quilter Investors, the multi-asset investment solutions business.