Quilter Cheviot CEO Loudon to retire as Baines returns to role

Will remain in advisory role

Quilter Cheviot chief executive David Loudon is to retire from the firm at the end of June, with his role being taken over by Martin Baines, who was previously CEO of the business.

Loudon (pictured) has worked at Quilter Cheviot since 1999 and became chief executive in 2015, shortly after the firm was acquired by Old Mutual Wealth. He will continue to work at the firm in an advisory capacity following his retirement on 30 June. Martin Baines, who was chief executive from 2003-2015, will return to the role from 1 July and also sit on the Old Mutual Wealth executive committee. Since he moved from Quilter Cheviot, Baines has been working as chief investment director at Old Mutual Wealth. Quilter Cheviot CEO Loudon: If you want to provide the service we offer ...