UK - Morley Fund Management has appointed Malcolm Le May as MD of its international business.
Le May was formerly deputy chief executive and global head of corporate and institutional finance at ING Barings, where he was responsible for devising the business development plan.
Le May will be responsible for all Morley’s business development activities in the Americas, Asia, the global investment management and private banking group for four years.
Jan Nuttall has also been appointed as human resources director with responsibility for personnel, training and people development world-wide. Nuttall joins Morley from Citibank where she was vice president of human resources.
These appointments follow Morley’s decision to combine its retail and institutional business. Commenting on the move, newly appointed head of retail and institutional business, Gerard Quirke, said: “The distinction between retail and institutional is becoming increasingly blurred.
“Our challenge is to ensure that our focus is external and on the needs of our investors. We can do this best by pooling the resources of our retail and institutional teams whilst maintaining a focus on our distinct areas of expertise.”
By Janet Du Chenne
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