British wealth management firm Tilney has appointed Andrew Baddeley as its new group CFO, subject to FCA approval.
Previously, Baddeley served as the group CFO of TP ICAP, where he carried out the divestment of the company’s voice broking business to Tullett Prebon for £1.4bn in 2016.
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He was also associated in the insurance sector for 18 years, and led Brit Insurance as the group CFO during its initial public offering and its subsequent acquisition by Fairfax Financial.
Baddeley also worked at General Reinsurance, PwC, as well as Ernst & Young.
Tilney CEO Chris Woodhouse said: “Andrew is a highly accomplished CFO with considerable financial services and capital markets experience. We are delighted that he is joining Tilney as we embark on the next phase of growth and development.
“The business is in great shape having completed a major integration and invested significantly in new technology. As we recently reported, last year we posted a doubling of EBITDA to £86.6 million and strong growth in gross new business.
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By GlobalData“We are now really well positioned to augment continued organic growth with both new hires and potential acquisition opportunities.”
Tilney has staff strength of more than 1,000 in 30 offices. The business has £24.1bn in assets under management.
