Morley Fund Management, one of the UK’s largest fund managers, has appointed David Watson, 44, as chief financial officer (subject to regulatory approval). David joins the company today and will be appointed to the Morley board.
Morley Fund Management, one of the UK’s largest fund managers, has appointed David Watson, 44, as chief financial officer (subject to regulatory approval). David joins the company today and will be appointed to the Morley board.
David was most recently group finance director of M&G Group. David joined M&G as finance director in 1994. Following the acquisition of M&G by Prudential plc in 1999, David became finance director of the merged asset management businesses of the two groups.
David previously worked in investment banking at Nat West Markets for a number of years, including a four-year assignment to Tokyo.
At Morley, David’s role will include responsibility for the finance team as well as the compliance, business risk and legal functions.
Commenting on the appointment, Keith Jones, chief executive officer at Morley, said: "We are delighted to have attracted someone of David’s calibre to Morley. His extensive experience both in investment banking and fund management will make him a valuable member of the board."
David Watson said: "I am very much looking forward to joining the team at Morley. The quality and commitment of its people coupled with the strength and reach of the Aviva group is a powerful mixture and I welcome the opportunity to play a role in Morley's future development."
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For further information please contact:
Fiona Baker, Head of Corporate Communications 020 7809 8617
Morley Fund Management
Notes to Editors
Morley Fund Management
- Morley Fund Management (‘Morley’) is an independently managed, London based, asset management business with over Ł100 billion under management (as at 30.06.03). 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