Abrdn boss Stephen Bird joins IA board
Replaces BNY Mellon IM’s Hanneke Smits
Stephanie Kelly will build and lead team of sustainability specialists to assist investment teams
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Departure comes weeks after Ascot Lloyd was acquired by European PE investor
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Follows resignations of EM manager Rob Marshall-Lee and CEO Tim Pearey
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Potential overlap between Nangle’s multi-asset franchise and BMO Gam’s own low-cost portfolios
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Ex-England rugby captain and RBC man joins as head of business development UK
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Investment team bolstered by Schroders, Fidelity, Abrdn, Barclays and Aviva alums
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Graeme Bencke also worked at AIG Investments, F&C Asset Management and Columbus Investments
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CIO role will now be split between Jerry Thomas and Phil Collins
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Foley steered the fund group through its demerger from Prudential in 2019
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Mark Flynn will lead the next stage of the DFM’s strategy in the region
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