Andrew Stephens was named head of distribution, Europe, the Middle East and Africa at Insight Investment, a spokeswoman said.
The position is new. Mr. Stephens is responsible for the business development. His responsibilities were previously held by John Rushen, head of institutional for the region.
Mr. Rushen is now focused on the strategic development of Insight's Irish business and post-Brexit options, the spokeswoman said.
"Serving our clients and their advisers is of fundamental importance to our business," said Angus Woolhouse global head of distribution, in a news release. "At a time when their needs are becoming ever more specific and complex, Andrew's strength and depth of experience adds further weight to our global distribution efforts."
Mr. Stephens was head of U.K. institutional client business at BlackRock. Details about his replacement were not immediately available.