British wealth manager Tilney Smith & Williamson has named former Barclays Commercial Bank chief Chris Grigg as its new chairperson.
Following regulatory approval, Grigg will succeed Will Samuel. He will join the group’s board with immediate effect.
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Grigg is currently the chair of the newly formed UK Infrastructure Bank and senior independent director at BAE Systems, where he sat on the board for the last eight years.
He has 40 years of financial services and commercial experience.
Tilney Smith & Williamson Group chief executive Chris Woodhouse said: “Chris has a distinguished reputation and I know his extensive financial services experience will be of huge benefit to the Board as we consolidate our position as a group uniquely placed to support clients with the management of both their personal wealth and business interests.
“I’d like to take the opportunity to thank Will for his considerable service to the firm during what has been a period of rapid growth culminating in last year’s transformational merger.”
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By GlobalDataGrigg served as CEO of British Land from 2009 until November last year.
Before that, he worked as chief executive of Barclays Commercial Bank and as group treasurer.
He also worked at Goldman Sachs for 20 years.
Grigg said: “I am excited to be joining the Board of Tilney Smith & Williamson at such a transformational time for the Group.
“I want to extend my thanks to Will Samuel who Chaired the Board of Tilney Group through an extremely successful period of expansion, culminating in the merger with Smith & Williamson.”
Samuel commented: “I am very pleased to be handing over the Chairmanship of the Board of Tilney Smith & Williamson to Chris. Chris brings considerable experience to the firm and will help ensure that the transformational benefits of our merger continue to be realised.
“I’d like to thank everyone who made my time at the group so enjoyable and helped bring together two very successful and long-established businesses.”
Last month, Tilney Smith & Williamson hired Gavin Hill and Jonathan Buttress to IFA business, as part of its recent efforts to expand into new regional markets in the UK.
