Britannic Asset Management has hired Gavin Stewart, formerly the group development director at Aegon, to be the firm's new chief operating officer.

Britannic Asset Management has hired Gavin Stewart, formerly the group development director at Aegon, to be the firm's new chief operating officer. In his new role Stewart will be responsible for Britannic's investment trusts and product development. He will join the three-strong executive director team. Leslie McIntosh, chief executive of Britannic, said: "Following my appointment to chief executive in May 2001 I have been keen to strengthen the executive team in order to reallocate some of my previous responsibilities."