AJ Bell, a UK-based provider of online investment platforms, has appointed Kevin Doran as its new CIO and managing director.

In the new role, Doran will head investment team at AJ Bell and will be responsible for devising strategies for development of investment solutions offered to financial advisers and customers.

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Doran previously served at Brown Shipley as the CIO and prior to that he worked as head of research and strategy at KBL European Private Bankers, parent company of Brown Shipley.

In addition to this appointment, AJ Bell also appointed Matthew Brennan as a fund manager. He will be responsible for passive funds maintenance and will work closely with Doran.

Brennan previously worked as senior fund manager and head of fixed income research at Brown Shipley.

Commenting on the appointments, AJ Bell CEO Andy Bell said: “Kevin and Matthew bring a huge amount of expertise and knowledge to the business at a time when we believe there is growing demand for straightforward, low cost investment solutions.”