Tilney has appointed former Schroders chief financial officer (CFO) Jonathan Asquith as a non-executive director.
Tilney chair Will Samuel described Asquith as 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.’
Asquith, who will chair the firm’s audit and risk committee, spent six years at Schroders between 2002 and 2008, where he was also vice chair.
Much of his career was at Morgan Grenfell which became part of Deutsche Bank in 1995.
His 18-year career at the bank included a perio in its 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 CFO and chief operating officer.
Since leaving Schroders Asquith has held a number of non-executive roles, and is currently deputy chair of 3i Group and a non-exec director at CiCap Limited, the parent company of Coller Capital.
He was formerly chair of Citigroup Global Markets, Dexion Capital and AXA Investment Managers. He has also served as non-exec director of Ashmore Group.