The hiring spree has continued at Tilney after its post-Towry revamp, with a new investment chief the latest to join.

Christopher Godding replaces Gareth Lewis as chief investment officer, as the latter takes a new role as Tilney’s MD of investment strategy. Mr Godding joins from Rubicon Fund Management.

The company said it would embark on a recruitment drive after it announced the rebrand in recent weeks and has since made three appointments in quick succession.

Mr Godding previously served for nine years as CIO at Morgan Stanley Private Wealth Management in London and was CIO and head of the Global Equity team at Signia Wealth. He has extensive investment management experience, having previously worked as fund manager for firms that include Moore Capital and SG Asset Management.

Mr Godding said: “Tilney has firmly established itself as one of the UK’s leading discretionary investment management and financial planning businesses, with award winning investment track records built on a rigorous and disciplined investment process. After the successful integrations of 2016, this is very exciting time to be joining Tilney.”

He will lead the group’s asset allocation process and central investment teams. After the Towry and Ingenious Asset Management takeovers, Tilney is responsible for over £21 billion of assets.

Peter Hall, chief executive of Tilney, said: “Chris is an absolutely top-calibre CIO with extensive investment experience and he will be a great successor in the role to Gareth who has delivered exceptionally strong investment performance. Together, Gareth’s new role in supporting the growth of our investment management business and the appointment of Chris as CIO further reinforces our position as a leading UK investment manager.”

Mr Lewis will remain on the Asset Allocation Committee, chair the Investment Governance Committee and is joining the board of its Dublin fund range.