Butcher joins the executive team from Charles Stanley & Co where he was also COO.

He succeeds Paul Chavasse who becomes Rathbones’ head of investment management early in 2012.

Butcher has 25 years experience within the financial services industry and is a member of the APCIMS Operations Committee and chairman of the Tax Incentivised Savings Association Savings and Investment Council.

Rathbones CEO Andy Pomfret said that as Rathbones continues to grow to meet the needs of an increasing number of clients, Andrew’s skills and experience will be essential to maintaining our high quality of investment management services.

London-based Rathbones has 690 staff in 11 UK locations and Jersey.