Investment Association unveils trio of appointments

As Keith Skeoch, Andrew Formica and Phillippe d’Orgeval step down

Nick Ring, EMEA CEO of Columbia Threadneedle

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Aegon Asset Management’s Kristie MacGillivray; Columbia Threadneedle’s Nick Ring (pictured); and Crux’s Karen Zachary have been unveiled as the latest members of the Investment Association board.

The appointments were announced at the IA’s recent AGM.

They succeed former Standard Life Aberdeen chief executive Keith Skeoch; Phillippe d’Orgeval, the former UK CEO of Axa IM; and outgoing Jupiter CEO Andrew Formica who have stepped down.

The IA board oversees the trade body’s activities, and sets key priorities. It is also tasked with guiding the wider industry through the changing market environment.

Patrick Thomson, who assumed the role of chair of the board at the latest AGM, said: “I’m delighted to welcome Kirstie, Nick and Karen to our board. They will bring insights, expert knowledge and global connections at an important time for our industry as we navigate a cost-of-living crisis, inflationary challenges and ongoing market uncertainty. As the new chair, I’m looking forward to working closely with our new appointees, and the entire Board, to realise our goal of creating an investment management industry fit for the modern economy.

“I would also like to extend my gratitude to our outgoing members, Keith, Andrew and Philippe, for their dedicated service to the IA Board over their tenures.”

The changes to the board are effective immediately.