Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Sanlam shake-up sees Speirs lose role as wealth chief

Sanlam shake-up sees Speirs lose role as wealth chief

Sanlam UK has replaced Nigel Speirs as the chief executive of Sanlam Private Wealth in a management shake-up.

The company has appointed Alex Morley, chief executive of English Mutual, as the boss of Sanlam Private Wealth.

Speirs (pictured) will continue in his role as head of distribution for Sanlam UK and focus on Sanlam's external relationships.

The decision follows Sanlam UK's announcement that it will merge the two businesses together this year in a bid to be one of the front runners in the UK’s wealth management sector.

Lukas Van der Walt, chief executive of Sanlam UK, said the merger would give the business the necessary scale to invest in technology and processes for a better service for clients.

'For Sanlam UK, client experience is everything: successful wealth management and financial planning is solely about delivering to client objectives and it is our belief that Sanlam will quickly emerge as a market leader in goal based financial planning.

'Sanlam is here for the long haul; we are not about consolidation and sale. Our sole aim is to build a UK wealth management business respected and admired by all, renowned for both its substance and its style'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: 'new normal' now is as dangerous as when it was applied to tech

Profile: 'new normal' now is as dangerous as when it was applied to tech

7IM's CIO Chris Darbyshire says he has been re-energised by his new role, but has little time for 'new normal' doom-mongers

Wealth Manager on Twitter