Tilney Group has appointed industry veteran Nicholas Pearson to the newly created role of head of charity business development.
In the mid-1980s he established the charities division at Cazenove, which grew to £3.5 billion managed on behalf of 550 charities under his supervision. In total he spent 15 years with Cazenove.
He also set up two common investment funds in 1989 alongside the Charities Aid Foundation. In 2002 he was awarded the Order of the British Empire for his services to the charities sector.
Tilney's charities division manager £800 million for over 200 clients.
Paul Frame (pictured), head of charities, said: 'As we look to build on our established reputation for managing and advising investments for charitable organisations at Tilney, we are delighted to have someone of the gravitas and calibre of Nicholas to join our fold.
'Nicholas’ knowledge and experience of working within the third sector is second to none and we are thrilled that he is joining our experienced investment team to assist our growth ambitions in this area.'
Tilney has been on an accelerated recruitment drive since it rebranded in January.