Global family office Stonehage Fleming has confirmed to International Adviser that Chris Merry will be leaving the group to pursue other opportunities.
His role as chief executive will be assumed by executive chairman and former chief executive Giuseppe Ciucci until a long-term replacement is identified.
Merry has been in the chief executive role since 2019.
Ciucci said: “I’m looking forward to working with our strong and established leadership team to continue building on our organic growth and bedding down our recent acquisitions.
“I would like to thank Chris for his contribution to the Group during his tenure and we wish him well in his future endeavours.”
This news comes six months after Stonehage Fleming bought the business and assets of South Africa-based investment firm Rootstock Investment Management for an undisclosed sum.