Morley Fund Management (“Morley”) has made a key Board appointment underscoring its commitment to becoming one of the major global fund management players. David A Tremblay has been appointed as Global Chief Operating Officer, reporting to Keith Jones, Chief Executive Officer of Morley.
Morley Fund Management (“Morley”) has made a key Board appointment underscoring its commitment to becoming one of the major global fund management players. David A Tremblay has been appointed as Global Chief Operating Officer, reporting to Keith Jones, Chief Executive Officer of Morley.
David will be joining Morley on 7 January 2002, with global responsibility for the Operations, IT, Facilities and Change Management functions.
David has extensive high-level experience in the financial services sector which he gained over the past 14 years with Citigroup in the USA, the Bahamas and latterly Europe. In his most recent role as General Manager of Citibank (Switzerland), he successfully developed and managed a robust operating platform to provide first-class service to Private Banking clients in Europe, the Middle East, Asia Pacific and Latin America.
Previous positions within Citigroup include Investment Centre Head for the UK and Channel Islands and as President and Managing Director of Cititrust (Bahamas) Ltd and Cititrust (Cayman) Ltd.
David’s appointment follows the Board appointments of Malcolm Le May as Managing Director International and Jan Nuttall as HR Director (Global) in August of this year.
Keith Jones, CEO, commented: “David’s appointment further strengthens the composition of the Morley board, underlining our commitment to fulfil our global ambitions.
“David is a very high calibre individual with an excellent track record and is uniquely qualified to take on this global responsibility. At Morley he will be applying his extensive international business experience in implementing operational and technology platforms, focussing on the development and delivery of world class systems and processes at a global level.”
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For further information please contact
Morley Fund Management
Keith Jones 020 7809 6006
Gerard Quirke 020 7809 8601
Malcolm LeMay 020 7809 8100
Notes to Editors
- Morley Fund Management is an independently managed, London based, asset management business with over Ł100 billion under management. It has investment management operations in London, Tokyo, Singapore and an associate office in Boston*.
- Morley is a wholly owned subsidiary of the CGNU Group and manages institutional funds under the Morley brand. It also acts as investment manager for a range of retail investment funds, marketed under the Norwich Union brand.
- CGU plc and Norwich Union plc merged on 30 May 2000 to create CGNU plc, the UK’s largest insurance group and one of the top-five insurers in Europe with substantial positions in other markets around the world, making it the world’s seventh largest insurer based on gross worldwide premiums.
*Norwich Union Investment Management, a CGNU Group company
Morley Fund Management is a business name of Morley Fund Management Limited (incorporated in England with Registered No.1151805 and Registered Office 1 Poultry London EC2R 8EJ) and Norwich Union Investment Management Limited (incorporated in England with Registered No. 2152949 and Registered Office 8 Surrey Street Norwich NR1 3NG) both regulated by the FSA and CGNU Group companies.