Mr Charnock, also a former CEO at Standard Life Wealth, has worked in financial services for several decades and has held senior roles at Abrdn, Standard Life and Lloyds Bank.
He has also been active in promoting diversity and inclusion in financial services, and helped lead the securities industry's ethics and integrity agenda following the financial crisis.
Tracey Davidson, chair of Handelsbanken Wealth & Asset Management, said: “I am thrilled to have Richard join us as a board member. Richard has had a stellar executive career in the wealth industry, he has a well-earned reputation for professionalism and is a positive cultural leader.
"With all these attributes he is therefore a perfect fit for Handelsbanken Wealth & Asset Management and we are proud to have him join the team.''
Mr Charnock added: ''I have known of Handelsbanken for many years and it is a company I greatly admire. I am excited about the future and what we can achieve together.''
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