Morley Fund Management (Morley) today announced that Chief Operating Officer Nick Alford is to be appointed to the Morley Board.
Morley Fund Management (Morley) today announced that Chief Operating Officer Nick Alford is to be appointed to the Morley Board.
Nick currently has overall responsibility for Morley's Operations function. He will now assume additional responsibility for Information Technology and Change Management currently held by Chief Financial Officer Gerard Quirke.
Nick’s promotion is part of a planned succession process following Gerard's decision to leave Morley Fund Management at the end of the year after four years with the company. Morley’s new Chief Financial Officer will be announced in due course.
Nick joined Morley on 2 January 2002 and was appointed Chief Operating Officer in January this year. Nick was previously Chief Operating Officer at DRCM Global Investors.
Gerard joined Morley in August 1999 and during his time with the company has been responsible for the Retail and Europe divisions. He was most recently Chief Financial Officer ultimately responsible for the Finance, Operations and IT departments.
Commenting on Alford’s appointment, Chief Executive Keith Jones said: "Nick and his team have done a great job further developing the robustness of our operations platform. This promotion is recognition for that work, which has greatly enhanced our capacity to serve our clients.
"Nick’s promotion is part of a planned succession process. Gerard will continue to represent Finance at Board level for the remaining months that he is with us. I would like to thank Gerard for all his support throughout this process and his ongoing commitment to delivering our overall business plan."
Commenting today, Gerard Quirke said: "This has been a tough decision to make but, having delivered a number of key projects for Morley, I intend to now look for new challenges in the fund management industry. I have enjoyed my four years with the Morley team and am sure that they will continue to successfully build the business."
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For further information please contact:
Fiona Baker 020 7809 8617
fiona.baker@morleyfm.com
Head of Corporate Communications, Morley Fund Management
Notes to Editors
- Morley Fund Management
Morley Fund Management (‘Morley’) is an independently managed, London based, asset management business with over Ł104 billion under management (as at 31.03.03). It actively manages a diverse range of asset classes and employs over 1000 personnel worldwide based in London, Singapore and an associate office in Boston*. - Morley is a wholly owned subsidiary of the Aviva Group and manages both institutional and retail funds under the Morley brand. It also acts as investment manager for a range of retail investment funds, marketed in the UK by Norwich Union, and international funds marketed under the Aviva Funds brands.
- Awards
Fund Manager of the Year - Pensions Week Awards 2002
Specialist Manager of the Year - UK Pensions Awards 2002
Insurance Fund Manager of the Year (awarded to Norwich Union) - Standard and Poor’s 2002
Sustainable and Ethical Investment and Asset Management Award - Liveable City Awards 2002
Pensions Management Provider Awards 2002 – Commended for Best SRI Fund Manager and Best Fixed Income Fund Manager
*Morley Fund Management International Limited, an Aviva company
Further information about Morley Fund Management can be found at www.morleyfm.com
Morley Fund Management is a business name of Morley Fund Management Limited, registered in England No. 1151805. A member of the Norwich Union Marketing Group, members of which are authorised and regulated in the UK by the Financial Services Authority for life assurance, pensions and investments. Registered Office: No. 1 Poultry, London EC2R 8EJ. A member of the Investment Management Association.
Morley Fund Management is also a business name of Morley Investment Services Limited and Morley Fund Management International Limited. All are Aviva companies.
Contact us at Morley Fund Management, No. 1 Poultry, London EC2R 8EJ.
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