Investec Wealth & Investment (IWI) has made three senior promotions.

Nicola Toyer has been made head of charities; Alex Charalambous becomes regional director of private clients, Southern region; and Stewart Teague has been promoted to head of commercial transformation and product development.

Ms Toyer joined Investec’s charities team as an investment manager in 2019, from Smith & Williamson where she was an associate director.

Since joining, she has also been responsible for the management of direct overseas equities for the charities team, including stock selection and assisting other investment ma...