Martin Currie has named Jen Mair as its new chief executive.
Mair has been promoted from chief operating officer, a role she held since 2015. She also assumes a seat on the firm’s board.
Mair takes over from Julian Ide who has moved into the newly-created position of vice chair, EMEA at parent company Franklin Templeton. He will report to president and CEO Jenny Johnson.
COO duties will be assumed by CFO Stuart Davidson and Sheena Smith, chief of staff and head of inclusion, diversity and equity.
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Mair has more than 20 years of experience in financial services, including 11 years with Barclays. She began her career in Paris working as a finance lawyer at global law firm Allen & Overy. She holds a joint Honours degree in Law and French from the Universities of Edinburgh and Paris.
Mair said: “It is a privilege to be appointed CEO of Martin Currie, and I am excited by the prospects for our high-quality investment capabilities that have stewardship at their core. I will continue to enhance our investment capabilities and culture, supporting our talented teams to deliver the outcomes our clients expect of us.
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“I am grateful for Julian’s support over the years. Martin Currie, one of the world’s oldest asset managers, has thrived under Julian’s leadership, helping us attract and develop great talent to deliver for our clients and be the successful and future-facing global asset manager we are today.”
Ide added: “I am delighted Jen is taking over as CEO at this exciting time. I am grateful to everyone at Martin Currie for their support over the last five years and look forward to engaging with the firm in my role at Franklin Templeton”.
Martin Currie has £16.7bn in assets under management, as of 31 August.
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