Saranac Partners, the London based private office, has today announced that Tanvi Davda has decided to step down as chief executive over the coming months, at which time a successor will be announced.

Ms Davda was one of the founding partners of the firm and has been part of the leadership team since the business was founded in 2015, becoming chief executive in 2017.

She will remain on the board as a non-executive director and will become an adviser to the firm.

Robert Elliott, chairman of Saranac, said: “I want to thank Tanvi for her immense contribution to Saranac over the past six years and in particular ...