Mr Phillips will assume responsibility for the firm’s marketing, proposition and digital and client experience.
7IM says he brings “a wealth of financial services experience” after joining from Lloyds Bank plc where he was personal current account products director.
Prior to this he held a number of senior financial services roles, including at Barclays where he was head of retail segments customer experience.
Commenting on Mr Phillips’ appointment, Dean Proctor, CEO of 7IM said: “I’m delighted to welcome Chris to 7IM, in what is an exciting time for the business following the completion of a strategic review.
“Chris is an experienced leader across products, marketing, customer experience and transformation.
“His experience and insight will be vital in helping deliver our commitment to grow the business through innovative, customer centric solutions and services for both our advisory partners and private clients.”
Mr Phillips said: “7IM has an excellent and well-deserved reputation for innovation, built upon solutions such as 7IMagine and the Retirement Income Service, as well as quality client service.
“I am excited to work closely with Dean and the team to build on this reputation and deliver on the next stage of the firm’s evolution.”