UK - Robin Hindle-Fisher is not returning as chief executive officer of the UK fund management house Phillips & Drew and may not even return at all.
After only a short period in the post, Hindle-Fisher left in September last year to take a one year sabbatical to study for a masters degree at the London Business School. At the time, Phillips & Drew, which is part of UBS Asset Management, was keen to stress that the departure was for a one year period only and that he would be returning to the firm.
“I look forward to rejoining my colleagues once I have finished my degree,” said Hindle-Fisher at the time of his departure.
But it has now emerged that he may not return to the firm.
“There are a lot of opportunities [within UBS Asset Management] around at the moment and what I hope is that we can find one of those opportunities for Robin, but there are no guarantees,” Paul Yates, Hindle-Fisher’s replacement as chief executive told Global Pensions.
“What we have to do is find Robin a job that is probably more entrepreneurial ... It is something that is new, it is something that is challenging and probably something that involves, I don’t know, building up the capabilities,” Yates said.
”There was no way I could have done this job for a year and then get booted out again and Robin understood that,” he added.
Hindle-Fisher was appointed in March 2000 and was replaced by Paul Yates in September 2001. Phillips & Drew also replaced Tony Dye as chief investment officer in March 2000 with Robin Apps, who in turn was replaced by Matthew Stemp in June 2001.
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