Investec Wealth & Investment (IW&I) has appointed former Wealth Management Association (WMA)’s CEO, Tim May, to the IW&I Board as a non-executive director and a member of the remuneration and audit committees.

His previous roles also include chairman of Euroclear UK and Ireland (formerly CrestCo), chief executive of CrestCo and chief operating officer of Gerrard.

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Between 1987 and 2002, May held a number of senior positions in IW&I as well as in the wider Investec Group.

Jonathan Wragg, chief executive of IW&I said: "He has a wealth of experience gained from his senior leadership and operational management roles and will be a great asset as we take IW&I to the next phase of its development. Tim’s decision to return to IW&I after having already enjoyed many successful years here underlines our growing reputation in the market."

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