The trade body for UK asset mangers said today that the appointment of four new directors had taken female representation on its board to almost 40 per cent.
The Investment Association’s (IA) new directors are Brooks Macdonald chief executive Caroline Connellan, Columbia Threadneedle Investments’ Europe, Middle East and Africa (EMEA) chief executive Michelle Scrimgeour, Newton Investment Management chief executive Hanneke Smits and JP Morgan Asset Management EMEA chief operating officer Dan Watkins.
IA chair Peter Harrison said that the new director’s “perspectives and experience will enable the IA to remain an authoritative voice for the asset management industry”.
The four retiring board members are Quilter’s Paul Feeney, Janus Henderson’s Andrew Formica, Aberdeen Standard Investments’ Andrew Laing and Legal & General Investment Management’s Mark Zinkula.
Harrison said the “wisdom and experience” of the retiring directors “have helped to build the IA into the organisation of influence that it is today”.
Members of the IA manage £7.7 trillion of assets and employ around 100,000 people across the UK.