Cazenove Capital makes two iNED hires

Paul Drechsler and Charlie Porter appointed

Cazenove Capital has appointed the former president of the CBI Paul Drechsler as one of two new independent non-executive directors to its board.

Drechsler and Charlie Porter will join iNED Sue Harris who has been on the board since 2016 and has also chaired Schroders' wealth management audit and risk committee since 2018. Porter ran Baring Asset Management's unit trust business until 1998, and went on to found hedge fund business Thames River Capital, which was sold to F&C Asset Management in 2010, where he remained until F&C's acquisition by Bank of Montreal in 2014. Cazenove Capital's global economist Mui to depart Drechsler was previously president of the CBI, and is the former chief executive and chairman of Wates Group...