The CEO and CFO at wealth manager and Financial Planner Evelyn Partners will step down when the firm is acquired by NatWest this summer.
Paul Geddes, chief executive officer, and Alex Gersh, chief financial officer, will leave the firm when the acquisition is completed.
Chris Kenny, currently chief investment management officer, will become CEO of Evelyn Partners, reporting to Emma Crystal, CEO of NatWest’s private banking & wealth management division.
Din Mustaffa, currently deputy CFO of Evelyn Partners, will become CFO, reporting to Chris Kenny.
Mr Geddes said: “As we work towards completion of this major transaction, plans are well underway to bring our organisation together with NatWest PBWM to create a private banking and wealth management business.
“Chris’s industry experience, long tenure at the firm and his client-focus make him the right leader for the business as it enters the next phase of integration and growth.”
He added he was “leaving the business in excellent hands where it will be well-positioned to seize the significant opportunities ahead.”
Mr Kenny said: “I am incredibly proud to be taking on the role of CEO of Evelyn Partners at such an important moment for the firm. Having spent nearly 29 years here - both at Evelyn Partners and previously at Smith & Williamson - this is a business I care deeply about, along with the clients we serve and the people who make it what it is.”
The sale by equity firm Permira and minority owner Warburg Pincus was announced in February and is expected to complete in the summer.