Tilney appoints Jonathan Asquith as a Non-Executive Director

The Board of Tilney Group Limited, the UK investment management and financial planning firm, is pleased to announce the appointment of Jonathan Asquith as a Non-Executive Director. Mr. Asquith also becomes Chairman of the Risk and Audit Committee.

Mr. Asquith brings a wealth of experience to Tilney having held both senior management positions and non-executive directorships at major asset management, investment banking and private equity groups. Mr. Asquith’s career included six years in the leadership team at Schroders plc from 2002 to 2008, serving as Chief Financial Officer and latterly as a Vice Chairman. Much of his career was at Morgan Grenfell which became part of Deutsche Bank in 1995. His 18-year career at the bank included working in the Latin American department and the project finance team and periods as Head of Derivatives and Deputy Head of Treasury. Following the establishment of Deutsche Morgan Grenfell he served as both Chief Financial Officer and Chief Operating Officer.

Since leaving Schroders Mr. Asquith has held a number of non-executive directorships. He is currently Deputy Chairman of 3i Group plc and is a Non-executive Director of CiCap Limited, the parent company of Coller Capital. He was formerly Chairman of Citigroup Global Markets Limited, Dexion Capital plc and AXA Investment Managers. He has also served as Non-Executive Director of Ashmore Group plc.

Will Samuel, Chairman of Tilney, commented: “We are delighted to welcome Jonathan to Tilney. He is a highly respected figure in the City who brings considerable experience to the Board. He joins at a very exciting time for the business which has been going from strength to strength and is exceptionally well positioned to capitalise on the growth opportunities in the UK wealth management sector.”