LGT Wealth Management (LGTWM) has appointed Sanjay Rijhsinghani as its chief investment officer. On 1 January, Rijhsinghani will replace Jonathan Marriott, who is retiring after nine years at the company and 40 in the industry overall. Rijhsinghani is a founding partner of LGTWM and sits on the firm's investment and investment risk committees.

He joined the company's board in 2016 and currently serves as head of portfolio management, specialising in global investment mandates with multi-asset solutions. LGTWM manages £21bn in assets for institutional clients and wealthy private individuals. Its parent company LGT manages $297.4bn.

The appointment is one of several planned management changes at the firm.