Rathbone Brothers Plc has appointed Paul Stockton as financial director who will join the board late this summer.

Stockton, 42, is currently finance director of the Life Division (South) of the Pearl Group.

He qualified as a chartered accountant with PwC joining Old Mutual Plc as group financial controller, becoming director of finance in 2001 and finance director of Gerrard Limited eight months later. Following the sale of Gerrard to Barclays in 2003, he left in 2005 and has since worked for Euroclear in Brussels.

Rathbone Brothers Plc provides investment management and wealth management services for private investors and trustees managing £12.4 billion of funds.