Chimes has resigned from his role as sales and marketing director and stood down from the board at Aim-listed Miton Group with immediate effect.
He was appointed to the board in September 2015 following Miton’s acquisition of Psigma Asset Management.
Chimes will be responsible for UK and international sale when he joins Liontrust. No start date has been confirmed but it is expected to be some time in early 2017.
In a statement to the market, Miton said: The group has already begun a search for an experienced, senior individual whose role will encompass both distribution and marketing responsibilities and who exhibits proven leadership skills.”
Gervais Williams will lead the search process as he moves from managing director to become group senior executive director. Chairman Ian Dighé will move into a non-executive role.
Dighé added: “This development gives us the opportunity to recruit a senior leadership candidate who will make a significant contribution to growing our business, in particular by extending our distribution strategy in an increasingly dynamic and fast-changing market place.”
Prior to his current position at Miton, Chimes was managing director at co-founder at Psigma Asset Management and managing director at head of distribution, Europe at Credit Suisse Asset Management.
Ions said: “Ian has vast experience in, and knowledge of, distribution both in the UK and in continental Europe. Recruiting a head of global distribution of Ian’s calibre demonstrates the progress and expansion of Liontrust over the past six years.”
Simon Hildrey, currently head of marketing and distribution strategy will become chief marketing officer following Chimes’ appointment.