US / UK - Paul Myners, the former chairman of fund manager Gartmore, has joined Bank of New York (BoNY) as a non-executive director.
Myners, who recently retired from Gartmore, will take up his position at the world’s largest custodian in March. When he announced his departure in November, he stated that one of his goals would be to build up a portfolio of non-executive directorships.
The non-executive position at BoNY quickly follows his recent appointment as a director of a new mobile phone business spun off by British Telecom. Currently, he is chairman of both the Guardian Media Group and the investment committee of Lloyd’s of London.
Thomas Renyi, chairman and CEO of The Bank of New York, said: “It is a pleasure to welcome Paul Myners to our board. He is a recognised leader in the financial services industry and his knowledge and advice will be indispensable as we continue to move forward.”
By Geoffrey Ho
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