THE Association of Private Client Investment Managers and Stockbrokers (Apcims) has hired former Euroclear director Dr Tim May as its new chief executive, replacing David Bennett, who stepped down earlier this month.
May has been at Euroclear since 2004, and was until recently chairman of the board of the firm in the UK and Ireland. Prior to that, he was chief operating officer at private client wealth manager Gerrard.
He is also no stranger to Apcims, having been a non-executive director on the board for over ten years.
Bennett made a surprise exit at the organisation’s annual conference in Brussels just over three weeks ago, in order to focus on his position as deputy chairman of Europe Analytica, the public affairs group he co-founded.