Article date: 22 September 2008
Aviva Investors1, the global asset management business being created by the integration of Aviva plc's fund management companies, announces the appointment of Nigel Clemson as human resources director.
In this newly created position, Mr Clemson will work closely with Aviva Investors executive and lead the global human resources activities of Aviva Investors. His remit includes developing and implementing HR strategies, policies and procedures covering recruitment, performance, reward and structure. He will be based in London and report to Chris Oglethorpe, chief operating officer.
Mr Clemson was most recently HR director at Credit Suisse. During his time there he held a variety of roles across the EMEA region for the investment bank, private bank and the asset management function of Credit Suisse. Prior to this he worked for R Twining and Co and BT. He also was head of employee relations with CGU at the time of its merger with Norwich Union and was instrumental in managing the HR change process.
Chris Oglethorpe, chief operating officer and a member of Aviva Investors' executive committee, said: "Nigel's background of working with international companies and facilitating change complements our plans to drive cross-border sales, combine our asset management businesses and create a leading globally integrated asset management company."
For more information contact:
Telephone: 020 7809 8313
Notes to editors:
Morley is the UK-based asset management business of Aviva plc. Firms within the Morley group of companies manage £151bn (€192bn) from offices around the world as at 30 June 2008.
Morley manages both institutional and retail funds. It also acts as investment manager for a range of retail investment funds, marketed in the UK under the Norwich Union brand and in Europe under the Morley name.
The property team manages in excess of £27bn (€35bn) of UK and European property assets.
On 28 February 2008, Aviva plc announced it was combining the majority of its asset management businesses to create a single, globally integrated asset manager to be known as Aviva Investors - to be launched formally in September 2008.Aviva Investors will be the global asset management business of Aviva plc, the world's fifth-largest insurance group.
Operating under a single brand with more than 1,300 employees in 15 countries across the UK, Europe, North America and Asia, and subject to regulatory approval, Aviva Investors will combine businesses in the UK (Morley), North America (Aviva Capital Management, MFM International, Aviva Investment Canada), France (Aviva Gestion d'Actifs), Australia (Portfolio Partners), Poland (CUIM Polska), Ireland (Hibernian Investment Managers) and Romania (CertInvest) and work in partnership with Delta Lloyd Asset Management in the Netherlands.
1 On 28 February 2008, Aviva plc announced it was combining its asset management businesses to create a single, globally integrated asset manager to be known as Aviva Investors - to be launched formally at the end of September 2008.