Clime appoints Head of Distribution

Clime Investment Management has announced the appointment of Stephen Karrasch to the newly-created role of head of distribution.

Karrasch, who has over 30 years' experience in investment management, retail, wholesale and institutional product distribution, joins from OneVue Ltd where he most recently served as head of distribution for platform services and, previously, as head of sales. He has also served in sales and distributions roles at Philo Capital Advisers and Macquarie Bank.

In welcoming Karrasch, Clime CEO Rod Bristow said that the firm has "enhanced its investment offer and is actively investing in future growth through supporting financial advisers with high-quality investment products" and that Karrasch's expertise "will add significant value to [the firm's] customers and partners, leveraging the strength of Clime's traditional wholesale business."