Quilter Cheviot revamps executive team after Old Mutual takeover

Quilter Cheviot has completed a comprehensive reorganisation of its executive team, five months after it was taken over by Old Mutual Wealth.

The most significant change was the appointment of David Loudon to a newly-created role as head of investment management. He was previously head of regions for 12 years, having joined the firm in 1993. Has Old Mutual overpaid for Quilter Cheviot? In his new role, Loudon will take firm-wide responsibility for its investment process and research. He will also have line management responsibility for sales and marketing. The head of the firm's Liverpool branch, Richard Thorn, will replace Loudon as head of regions. Additionally, investment director Donald Norman has become Quilte...