Royal London Asset Management (RLAM), the investment manager of Royal London Unit Trust Managers (RLUTM) and RLUM, announces the appointment of John Brett as non-executive director to the fund boards, with effect from 1 April 2019, subject to regulatory approval.
John has extensive experience having held executive and non-executive directorships in the investment management sector over the past 20 years, notably Aberdeen Asset Management (AAM) and Scottish Widows Investment Partnership. His senior executive roles span legal and risk, product development and governance and distribution. When John was at AAM, he led on strategic acquisitions and management of the firm. His experience encompasses a diverse customer base including retail, wholesale and institutional consultants and pension schemes. Following his retirement from AAM in 2016, he remained on the board as a non-executive director.
Non-executive positions range from small private companies to larger publicly listed companies including non-executive chairman at Newscape Capital Group Ltd between 2017 and 2018. He is currently CEO of Anderson Strathern Asset Management Ltd, a regulated wealth management and investment company, a role held since August 2016. In September 2016 he founded the company, Birnam Investments Ltd, a small property development business, and is also non-executive chairman of Water Witness International, a position held since March 2017.
Andrew Carter, CEO, Royal London Asset Management and chairman of the fund boards, said:
“We are viewing the addition of independent directors as an opportunity to enhance the value that we offer to our customers.
“A vital element in our search for a non-executive to our fund boards was that the candidate’s employment experience took into account the range of customers we represent in our authorised funds, retail, wholesale and institutional, along with a strong understanding of the regulatory and governance landscape. John more than meets these criteria with his vast repertoire of appointments, which provide valuable experience that we will fully utilize.”
John Brett, added;
“Throughout my career I have remained focused on improving and evolving how the asset management industry can deliver for its customers. It is imperative that the role the investment companies play is aligned to the interests and ambitions of their customers.
“My varied career allows me to bring to the Royal London fund boards a number of attributes from marketing and distribution to understanding the challenging but crucial regulatory and governance responsibilities.
“It is clear to see that Royal London is committed to delivering excellence to their customers of which I am thrilled to be part of. My experience will allow me both to support and challenge executive management as a non-executive board representative.”
About Royal London Asset Management (RLAM):
Established in 1988, Royal London Asset Management (RLAM) is one of the UK's leading fund management companies, providing investment management solutions to both wholesale and institutional clients such as not-for-profit organisations, local authorities and the insurance sector.
RLAM manages £114 billion of assets and employs 92 investment professionals as at end December 2018. It invests in all major asset classes including UK and overseas equities, government bonds, investment grade and high yield corporate bonds, property and cash.
For professional clients only, not suitable for retail investors.
Issued February 2019 by Royal London Asset Management Limited, registered in England and Wales number 2244297; authorised and regulated by the Financial Conduct Authority. Registered Office: 55 Gracechurch Street, London, EC3V 0RL.
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