(Sharecast News) - Jupiter Fund Management announced on Wednesday that Nathan Bostock, the former chief executive of Santander UK, will succeed David Cruickshank as chair.

Bostock will join Jupiter's board as a non-executive director and chair designate on 1 March 2026 and will take on the role of chair from 1 April.

Bostock was CEO of Santander UK from 2014 until 2022 and global head of investment platforms at Grupo Santander until his retirement in 2023.

Prior to Santander, he held senior executive finance and risk roles at The Royal Bank of Scotland. Bostock was chief financial officer and an executive director of Santander UK from 2005 until 2009.

Prior to this, he held a number of executive positions across financial markets, banking and treasury functions in large financial institutions.

He is currently a non-executive director of Lloyds Banking Group and Centrica.

Chief executive Matthew Beesley said: "Nathan brings a wealth of leadership experience in financial services. I look forward to drawing upon his expertise in driving sustainable growth in businesses as we move into the next stage of Jupiter's evolution.

"I also thank David for his guidance and support throughout my tenure. He leaves both Jupiter and the board well positioned to take advantage of the opportunities that lie ahead."