09 Apr 2020
New Head of Intermediary Services appointed Wealth & Investment
Investec Wealth & Investment is pleased to announce the appointment of John Cowmeadow as Head of Intermediary Services.
John has been Deputy Head of Intermediary Services since April 2019, when he joined IW&I from Brewin Dolphin. At Brewin he held the role of Head of Intermediary Sales for fourteen years and was instrumental in developing their Managed Portfolio Service across ten platforms. Prior to joining Brewin Dolphin in 2002, John was a Financial Adviser at RBS, having started his career at General Accident.
John’s appointment comes at an important moment in the growth of the Intermediary Services business, as IW&I invests in building its team and growing its range of services in this important area.
John takes over the role from Mark Stevens, who is retiring after a 40-year career in the private banking, wealth management and investment industry. Mark has held the position at IW&I since 2012, when he joined as part of the Investec Group’s acquisition of Williams de Broe, part of The Evolution Group plc. Mark will formally retire in June 2020, after a 3-month handover period.
It’s a privilege to take on this role at IW&I, where intermediary relationships are a vital part of our business. We are determined to build on the strong platform Mark has built to develop our IFA proposition further and become the number one destination for intermediaries looking for excellent service and performance for their clients.
Tom Street added:
“Mark is well known and respected among IFAs, having worked widely in this sector over many years. He leaves the Intermediaries Services business well positioned to maintain its growth momentum and I would like to thank him on behalf of all of our colleagues at Investec and wish him a happy retirement.”