Hurst Point Group has completed its management restructure as part of plans to streamline the business.
The restructure includes merging the managements of the group’s two divisions – Argentis and Hawksmoor – into one single executive management team.
Previously, both Argentis, the group’s s financial planning and advice business and Hawksmoor, its investment management arm, were managed by two separate executive teams, with Hurst Point Group, the holding company, acting as a corporate head office and overseeing both businesses.
However, the group confirmed today (4 April) that it is moving to a unified management structure, with a single executive management team responsible for managing the whole business.
Meanwhile, the group has appointed Harry Bhavnani as chief financial officer, subject to regulatory approval. He will replace Andrew Westenberger, who was appointed group chief executive officer in February.
The other members of the restructured executive management team include Michael Bishop, managing director, investment management, Samantha Chanell, chief human resources officer, Alex Knott, chief technology & transformation officer, Edward Renwick, general counsel and Paul White, head of financial advice.
Andrew Westenberger, CEO at Hurst Point said: “We believe a more focused management structure, with a single executive team responsible for the whole business, will better support the Group in delivering planned investment initiatives and the continuing development of the products and services we deliver to clients.
“We look forward to welcoming Harry as CFO. His experience in wealth management and wider circles, allied to his track record in leading finance teams which deliver to the highest standard, mark him out as being of the highest calibre”.
