Piers Hillier was appointed chief investment officer at Royal London Asset Management, succeeding Robert Talbut, who is to leave the firm after a decade, said a spokeswoman for the money manager.
Mr. Hillier will start Jan. 5 and will be responsible for expanding the investment offerings at the £77 billion ($123.2 billion) money manager. The appointment is subject to regulatory approval, according to a news release by RLAM.
Mr. Hillier was previously head of international equities at Kames Capital. A spokesman for Kames said Mr. Hillier has already left the firm, and that there are no plans to replace him.
“(Mr. Hillier) has the credentials and experience to help us move into our next phase of growth and we look forward to working with him,” said Andrew Carter, CEO of RLAM, in the release.
Mr. Talbut will leave the firm at the end of December “to pursue other interests,” the news release said.
Mr. Talbut could not be reached for comment by press time.