Titan Wealth said today (5 August) that Ian Wood has been appointed group chief investment officer (CIO) of Titan Investment Solutions as its asset management CIO John Leiper departs from the company.
Wood (pictured) is currently CIO of Titan Private Wealth but will also take responsibility for investment decisions at Titan Investment Solutions as group CIO. He takes on this newly created role after nearly two decades at Titan Private Wealth (formerly Cardale Asset Management), a discretionary investment manager based in Harrogate, which was acquired by Titan Wealth in 2022.
The statement said: “Ian has an impeccable track record of managing money. Between 31/12/2018 and 30/06/2024 the Titan Private Wealth All Equity portfolio has increased in value by 104.24%, which compares to the IA Global sector which has risen 79.48%.”
With the recent acquisition of AHR in Dubai, the group now has £8.7bn of funds under management.
As Group CIO, he will oversee the investment strategy across the businesses and play a leading role in developing and growing Titan Wealth’s asset management business.
His current role and wider understanding of the Titan Wealth investment business and strong leadership credentials make his appointment as Group CIO a natural fit and he will be instrumental in driving future growth and innovation.
Mark Harries remains as chief investment officer of Square Mile and will work closely with Wood to ensure the investment strategies across the group are aligned.
Leiper said: “It’s been an absolute pleasure leading the investment team and helping grow the business over the last few years. I am grateful to a talented and ambitious team, amazing colleagues and the support of senior management. I am proud of what we have achieved during this time but am now excited to embark on the next stage of my career and wish Titan Wealth every success in the future.”
Paul Hunt, joint CEO of Titan Asset Management said: “I am very pleased to be announcing Ian’s appointment as the Titan Wealth Group CIO.
“Ian has done a fantastic job as CIO of Titan Private Wealth, and has a formidable track record. With his appointment as Group CIO, he will bring his wealth of experience and decades of invaluable leadership experience to the wider Titan Group.”
Wood said: “I am delighted to have been appointed as Titan Wealth Group CIO at an extremely exciting time for the business.
“As CIO of Titan Private Wealth, I have already developed close and productive working relationships with colleagues across the group, which will be invaluable in my new position. I look forward to the new challenge and continuing to deliver great outcomes for our clients in my new role.”
