Morley appoints Global Chief Operating Officer

Article date: 17 December 2001

Morley Fund Management (“Morley”) has made a keyBoard appointment underscoring its commitment to becoming one ofthe major global fund management players. David A Tremblay has beenappointed as Global Chief Operating Officer, reporting to KeithJones, Chief Executive Officer of Morley.

David will be joining Morley on 7 January 2002, with globalresponsibility for the Operations, IT, Facilities and ChangeManagement functions.

David has extensive high-level experience in the financialservices sector which he gained over the past 14 years withCitigroup in the USA, the Bahamas and latterly Europe. In his mostrecent role as General Manager of Citibank (Switzerland), hesuccessfully developed and managed a robust operating platform toprovide first-class service to Private Banking clients in Europe,the Middle East, Asia Pacific and Latin America.

Previous positions within Citigroup include Investment CentreHead for the UK and Channel Islands and as President and ManagingDirector of Cititrust (Bahamas) Ltd and Cititrust (Cayman) Ltd.

David’s appointment follows the Board appointments ofMalcolm Le May as Managing Director International and Jan Nuttallas HR Director (Global) in August of this year.

Keith Jones, CEO, commented: “David’s appointmentfurther strengthens the composition of the Morley board,underlining our commitment to fulfil our global ambitions.

“David is a very high calibre individual with an excellenttrack record and is uniquely qualified to take on this globalresponsibility. At Morley he will be applying his extensiveinternational business experience in implementing operational andtechnology platforms, focussing on the development and delivery ofworld class systems and processes at a global level.”

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For further information please contact
Morley Fund Management
Keith Jones 020 7809 6006
Gerard Quirke 020 7809 8601
Malcolm LeMay 020 7809 8100

Notes to Editors

  • Morley Fund Management is an independently managed, Londonbased, asset management business with over £100 billion undermanagement. It has investment management operations in London,Tokyo, Singapore and an associate office in Boston*.
  • Morley is a wholly owned subsidiary of the CGNU Group andmanages institutional funds under the Morley brand. It also actsas investment manager for a range of retail investment funds,marketed under the Norwich Union brand.
  • CGU plc and Norwich Union plc merged on 30 May 2000 to createCGNU plc, the UK’s largest insurance group and one of thetop-five insurers in Europe with substantial positions in othermarkets around the world, making it the world’s seventhlargest insurer based on gross worldwide premiums.

*Norwich Union Investment Management, a CGNU Group company

Morley Fund Management is a business name of Morley FundManagement Limited (incorporated in England with RegisteredNo.1151805 and Registered Office 1 Poultry London EC2R 8EJ) andNorwich Union Investment Management Limited (incorporated inEngland with Registered No. 2152949 and Registered Office 8 SurreyStreet Norwich NR1 3NG) both regulated by the FSA and CGNU Groupcompanies.

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