Bell, who has been an AIC board member since 2006, will take up the position from 24 January. He has been chief executive of Witan Investment Trust since early 2010 and is also non-executive director of Henderson High Income Trust.
“The investment company industry has had a challenging yet hugely interesting few years, with pressures from a number of quarters for changes in financial services governance and regulation,” said Bell.
“The AIC’s executive team and board have a crucial role in helping to shape the regulatory debate, as well as providing advice and guidance to members on the implementation of any resulting changes in the rules.”
Bell has worked in the City since 1987, initially in equity broking as an equity markets strategist and subsequently as co-head of the investment trusts team at BZW and Credit Suisse First Boston.
From 2000 until 2010, he worked for Rensburg Sheppards Investment Management as head of research and strategy.