People Moves
Ashcourt Rowan MD Leaves

David Esfandi, the managing director for asset management at
UK's Ashcourt Rowan, the wealth manager, has left for Dwyer Asset
Management, a London-based firm, this
publication can confirm.
His responsibilities are being reallocated internally, a
spokesperson for Ashcourt Rowan said.
In a note sent to contacts, he wrote: “I wanted to let you
know that I have now left Ashcourt Rowan. I joined the management
team in
January 2012 following a successful capital-raising to install an
institutional
investment proposition, grow the asset management division and
help drive the restructuring
programme. Now I am delighted to say that the company has moved
into the next
stage of development, is on a firm foundation and recently
completed its first
major transaction.”
According to the Dwyer website, it is “asset management
business with a proven, extensive track record of delivering
value in the
property and financial sectors for its clients”. The chairman is
Joey Esfandi,
while other senior figures include Steve Haines, director; Ian
Sutherland,
director; Martin Silverman, non-executive director, and Stormme
Miller, head of
business environments (source: Dwyer website).