Altum names Helena Morrissey as chair

She currently chairs Diversity Project, AJ Bell and Fidelis

Baroness Helena Morrissey
Baroness Helena Morrissey

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Baroness Helena Morrissey has been appointed chair of fund and family office services provider Altum Group.

Formerly CEO of Newton Investment Management, Morrissey currently sits as chair of Diversity Project, AJ Bell, and Fidelis Insurance having previously served as chair of the Investment Association (IA).

During her career, she has gained a reputation as a champion of diversity having founded the 30% Club in 2010, a campaign aiming to increase the representation of women on boards. Since launch, representation on FTSE 350 boards has increased to almost 40% from 10%.

Morrissey entered the House of Lords in 2020 after being appointed a Dame in 2017 for her contribution to improving diversity in the financial services industry.

Morrissey said: “I am delighted to be joining the Altum Group as chair; I am greatly impressed by what the company is doing to set a higher, more personalised standard of service for funds, corporates and family offices and I’m looking forward to helping the business grow further. It’s also exciting to be joining a firm with both a dynamic female CEO, Zena Couppey, and 67% female staff.”

Couppey added: “We are thrilled to welcome Helena as the new chair of Altum Group, she brings an in-depth understanding of the industry, her experience, skills, and vision will be invaluable as we continue to grow and innovate. Alongside this, Helena’s work championing diversity in the sector aligns with our own beliefs, culture and values. We are fortunate to be able to call upon her expertise to support the ongoing work of the Altum board.”

See also: Helena Morrissey’s Diversity Project to turbo charge female manager numbers