Brewin Dolphin’s new finance director set to replace Bayford
BREWIN Dolphin will step into the next calendar year under new financial leadership, the investment management firm announced yesterday.
Andrew Westenberger is set to assume the role of group finance director on 1 January 2013, replacing Robin Bayford.
Bayford, who joined the board of Brewin Dolphin in 1990 and was appointed finance director the following year, is planning to retire.
Westenberger qualified as a chartered accountant with Coopers & Lybrand, and held various senior finance roles at Barclays Capital in both London and New York.
More recently, Westenberger was group finance director of Evolution, the British fund manager bought by Investec last year. He also served as a director of its principal subsidiary Williams de Broe.
The appointment announcement came one day after Brewin unveiled a 3.3 per cent rise in pre-tax profits and a 7.1 per cent growth in funds under management to £25.7bn.
The London-listed holding company is celebrating its 250th anniversary this year.