SPW is the joint Financial Planning venture between Schroders and Lloyds Bank.

Mr Dickinson was a member of the executive committee for the wealth and management division of Barclays Bank from 2012 until his retirement in 2018.

He joined Barclays in 2000, rising to chief executive of Barclays Stockbrokers in 2012.

Mr Dickinson is also a non-executive director of JP Morgan Elect PLC, Sparrows Capital Limited and Killik & Co LLP.

He is also the Senior Independent Director and Chair of the Audit and Risk Committee of CWC 2023 Ltd, the company organising the Cycling World Championships in the UK in 2023.

Mark Duckworth, CEO at Schroders Personal Wealth, said: “Rupert has 20 years’ experience in the Wealth and Investment Platform industry in executive, strategic, governance and finance roles.

“Rupert’s experience and expertise will play a vital role in shaping our growing business. I believe he will prove to be a very effective member of the board and I look forward to working with him.”

In December SPW made a series of Financial Planner hires to boost its regional presence.

The Financial Planning joint venture also opened an office in Birmingham in October and expanded into Leeds in September with the opening of an office in the city centre.