UK - Insight Investment has created a new board level risk management role with the appointment of Keith Lovett (pictured) as chief risk officer.
Lovett joined Insight as chief operating officer and director in 2002 after a number of years with Prudential/M&G.
Lovett will head teams responsible for all corporate risk functions within Insight, including regulatory, business, operational, legal and financial.
Chief executive Douglas Ferrans said: “Risk management has featured high on Insight’s business plans, management plans and behaviours since inception, but the rapidly changing nature of the markets, the needs of customers and the increasing complexity of the business mean that the risks facing asset managers have never been greater than they are today.
“This is one of very few board level risk appointments in asset management companies and reflects Insight’s conviction that risk sits equally alongside all other aspects of the business and should have an equal voice at the top table.”
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